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PPI Inflation Uptrending

Out of the eight main groups, “Industry” registered the highest growth in monthly producer price index with 7.2% and a year-on-year increase of 45.2%, while the lowest monthly and YOY growths were registered in the PPI of “Information and Communications
PPI Inflation UptrendingPPI Inflation Uptrending

The average Producer Price Index in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 15.2% compared with last year’s corresponding period, the latest report of the Central Bank of Iran announced. 
CBI put the preceding month’s PPI inflation at 13.1%.  
PPI (using Iranian year to March 2017 as the base year for the first time) stood at 144.2 in Mordad, indicating a 6.3% rise compared with the previous month. 
A year-on-year increase of 33.8% was registered in the index compared with the similar month of last year. 

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