February 04, 2019 17:59

SCI Reports on Iran's Q3 Industrial, Mining Producer Inflation

The overall PPI of mining sector increased by 62.2% in Q3 over the same quarter of last year, as the index for the industrial sector rose by 73.2% year-on-year

The Statistical Center of Iran has released its latest report on Producer Price Index for industrial and mining sectors.
According to an SCI report published on Monday, the average PPI for the mining sector in the yearlong period to Dec. 21, 2018, which marks the end of the third quarter of the current fiscal year (March 2018-19), increased by 41.9% compared with the same period of last year.
The sector’s average PPI for the yearlong period to Sept. 22, the end of Q2, had increased by 30.8% year-on-year.
The overall PPI of mining sector (using 2011 as the base year) stood at 380.4 in Q3, indicating a 17.2% increase compared with the previous quarter and 62.2% growth over the same quarter of last year.

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Iran Mining News