Q2 PPI Inflation Hit 39.9%

The Producer Price Index in the four-quarter period ending Sept. 22, 2022, which marks the end of the second quarter of the current Iranian year, rose by 39.9% compared with the corresponding period of last year, data released by the Statistical Center of Iran show.
The lowest and highest annualized producer inflation rates were registered for “production, transmission and distribution of electricity” and “agriculture" with 12% and 58.8%, respectively.
PPI (using fiscal 2016-17 as the base year) stood at 671 in Q2 (June 22-Sept. 22), indicating a 7.1% increase compared with the previous quarter and 43.2% growth over the same quarter of last year.