28844
PPI Inflation  at 6.6%
Economy, Domestic Economy

PPI Inflation at 6.6%

The Producer Price Index in the 12-month period ending September 22, which marks the end of summer, increased 6.6% compared to the same period of last year. Mehr News Agency also cited the Statistical Center of Iran’s latest report as saying on Monday that the PPI index indicates a 0.6% decrease compared to last summer, the report said. The importance of PPI lies in its predictive content for the future pattern of Consumer Price Index. Changes in PPI are usually reflected in CPI within a short period of time. PPI gauges the price fluctuations of goods and services for the producer whereas Consumer Price Index measures changes in the price level of a basket of consumer goods and services. According to SCI’s latest report on CPI inflation, the goods and services Consumer Price Index for urban areas increased 13.3% in the 12-month period ending October 22, compared to the similar period of last year.

Short URL : http://goo.gl/0G5Qmz
  1. http://goo.gl/GVVuPE
  • http://goo.gl/fdx7YW
  • http://goo.gl/bO5dfA
  • http://goo.gl/ovEW7e
  • http://goo.gl/uDwbj5

You can also read ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iranian Ministry of Industries, Mining and Trade has released...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Trending

Googleplus