Economy, Business And Markets

Central Bank: Iran PPI Inflation at 10.5%

Central Bank: PPI Inflation at 10.5%Central Bank: PPI Inflation at 10.5%

The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s corresponding period, the latest report of the Central Bank of Iran showed.
CBI put the preceding month’s PPI inflation at 10.2%.
A year-on-year increase of 12.8% was registered in the index compared with the similar month of last year. PPI (using Iranian year to March 2012) stood at 265.5 in Esfand to March 20, indicating a 1.5% rise compared with the previous month.


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