Q1 Industrial PPI Inflation at 48%: SCI

The Producer Price Index for the industrial sector in the four-quarter period ending June 21, which marks the end of the first quarter of the current fiscal year, grew by 48% compared with the corresponding period of the year before, the Statistical Center of Iran reported.
The PPI of the sector stood at 768.9 in Q1, indicating a 12.5% increase compared with the previous quarter and 46.3% growth over the same quarter of the year before. 
The lowest quarterly PPI inflation rates in Q1 were recorded for “production of base metals” with 2.5%, “production of computer, electronic and lighting products” with 4.9% and “production of chemicals” with 7.7%. The highest quarterly PPI inflation rates were posted for “production of food products” with 44.9%, “production of beverages” with 28.7% and “printing and duplicating the recorded media” with 24.4%.