81754
Electricity PPI Falls 3.43%
Electricity PPI Falls 3.43%

Electricity PPI Falls 3.43%

Electricity PPI Falls 3.43%

The average Producer Price Index for electricity in the 12-month period ending Dec. 21, 2017, which marks the end of fall, declined by 3.43% compared with the same period of last year and 2.52% compared to the same announcement in summer, the Statistical Center of Iran reported. The PPI (using 2011 as the base year) for electricity stood at 113.02 in fall, indicating a 14.16% decrease compared to the previous quarter (summer) and 11.92% decrease over the same quarter of last year. The importance of PPI lies in its predictive content for the future pattern of Consumer Price Index. Changes in PPI are usually reflected in Consumer Price Index within a short period of time. PPI gauges price fluctuations in goods and services for the producer whereas CPI measures changes in the price level of a basket of consumer goods and services purchased by households.

Short URL : https://goo.gl/syZ368
  1. https://goo.gl/sWfKvn
  • https://goo.gl/frMwoD
  • https://goo.gl/14i3HG
  • https://goo.gl/nBWXP3
  • https://goo.gl/XAw9Tf

You can also read ...

Calls for Changing Forex Policy
As Iran is dealing with the ramifications of the government's...
French Business Chief in Iran Sees Bleak European Prospects
The head of France’s business lobby in Iran said on Friday EU...
Maersk Tankers Ends Iran Shipping
Danish shipping group Maersk Tankers on Thursday said it would...
S. Korea Discusses Contingency Plans on Iran Sanctions
The South Korean government held an inter-agency meeting on...
The reduction of the available volumes of semi-finished steel from Iran is expected to influence billet and slab prices  in the global market, pushing them upward.
Iranian steelmakers and customers in major outlet regions such...
BMI: US Deal Pullout to Have Limited Impact on Mining Industry
The reimposition of US sanctions on Iran will only have a...
Global insurers are reviewing the effects of US pullout from the Iran deal.
Global insurers are taking stock of how the US withdrawal from...
TCI to Issue $190m Worth of Equity-Based Ijarah Sukuk
Telecommunications Company of Iran is set to underwrite 8...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus