Q1 Electricity PPI Inflation at 13.8%

The Producer Price Index for the electricity sector during the four-quarter period ending June 21, which marks the end of the first quarter of the current fiscal year, increased by 13.8% compared with the same period of the year before.
The sector’s PPI (using the Iranian year ending March 2017 as the base year) stood at 188.3 in Q1 (March 21-June 21), indicating a decrease of 0.8% compared with the preceding quarter but a rise of 8.4% compared with the same quarter of the year before.
PPI measures price movements from the seller's point of view. Conversely, the consumer price index measures cost changes from the viewpoint of consumers. In other words, this index tracks changes to the cost of production.
The importance of PPI lies in its predictive content for the future pattern of Consumer Price Index. Changes in PPI are usually reflected in CPI within a short period of time.