33295
PPI Inflation at 11.1%
Economy, Domestic Economy

PPI Inflation at 11.1%

The Producer Price Index for the industrial sector in the 12-month period ending June 21, which marks the end of spring, increased to 11.1% compared with the same period of last year, according to data reported by the Statistical Center of Iran. The industrial index indicates a 0.3 % increase compared to last spring and a 2.7% surge over winter. 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.

 

Short URL : https://goo.gl/Vnndhi
  1. https://goo.gl/uJQQLa
  • https://goo.gl/UfgN49
  • https://goo.gl/WUNzcJ
  • https://goo.gl/QSkMJp
  • https://goo.gl/12OqBi

You can also read ...

Iran Missing Advantages of Foreign Banks’ Presence
Tehran Chamber of Commerce, Industries, Mines and Agriculture...
Oman Eyes Iran Market Amid Rising Imports
Ithraa, Oman’s inward investment and export promotion agency,...
Luxgen’s S3 is a 5-seater subcompact sedan equipped with a 1.6-liter, 116 hp gasoline engine.
Local company Arman Motor Kavir is set to unveil two imported...
Iran Exim Bank Tapping NDFI Resources
Export Development Bank of Iran–the country's exim bank–is to...
Transport MoU With South Korea
Iran and South Korea have signed a memorandum of understanding...
Billet and bloom shipments made up the bulk of exports, reaching 1.78 million tons, up 28% year-on-year.
Iran’s semi-finished steel exports during the first seven...
Local producers have often called  on the government to increase import tariffs on tires.
In order to “protect domestic production”, the Industries...
IRIB Mulls Issuing Bonds
The Islamic Republic of Iran Broadcasting is considering...

Trending

Googleplus