Economy, Business And Markets

Mining PPI Inflation at 11.2%

Mining PPI Inflation at 11.2%Mining PPI Inflation at 11.2%

The Producer Price Index for the mining sector in the 12-month period ending Dec. 21, 2017, which marks the end of fall, increased by 11.2% compared with the same period of last year, the Statistical Center of Iran reported. The sector’s PPI for the 12 months to Sept. 22, marking the end of summer, increased by 6.3%, the report added. The overall PPI of mining sector (using 2011 as the base year) stood at 234.6 in fall, indicating a 5.7% increase compared with the previous quarter (summer) and an 18.8% increase over the same season of last year.

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