20298
PPI Inflation 12%
Economy, Domestic Economy

PPI Inflation 12%

The Central Bank of Iran has reported a 12% increase in the producer price index (PPI) in the 12-month period ending June 21, which marks the end of the third Iranian month Khordad, compared to the same period last year. The figure indicates a 7.5% increase compared with the similar month of the previous year. The PPI index (using 2011 as the base year) stood at 214.7 during the month, indicating a slight growth of 1.7% compared with the previous month, Mehr News Agency reported. A closer look at the report shows that all PPI sub-indexes recorded an increase compared with the previous month. Among the sub-indexes, ‘healthcare and social work’ with 5.8%, agriculture, forestry and fishing’ with 2.4% and ‘transportation’ with 2% registered the highest increase compared with a month earlier.  According to the report, the ‘healthcare and social work’ sector recorded the highest inflation (39.9%) compared with the similar month of last year.

Short URL : http://goo.gl/2CeKqb

You can also read ...

President Rouhani Officially Inaugurates Tabriz 2018
A glittering ceremony attended by President Hassan Rouhani was...
Audi Recalling 1.16 Million Vehicles
Volkswagen AG’s luxury unit Audi said on Tuesday that it was...
E-Jing GT electric sports car concept
The Beijing International Automotive Exhibition is a barometer...
Pensions Account for Biggest Share of Treasury Payments
Payments to the Civil Servants Pension Organization accounted...
In its meeting on Tuesday, the Money and Credit Council, headed by CBI Governor Valiollah Seif, approved further cuts to interest rates levied on Housing Savings Account.
Iran's highest financial decision-making body has approved...
While Iran currently produces about 400,000 tons per year of aluminum, consumption is around 600,000 to 700,000 tons.
Iran is on track to launch a new aluminum smelter early next...
Natural Disasters Cause Hefty Agro Losses
Natural disasters such as frost and drought inflict losses of...
Bank Branches Shrink
Iranian banks have shrunk by 0.3% in the previous quarter...

Trending

Googleplus