Economy, Domestic Economy

Monthly PPI Inflation Down

Monthly PPI Inflation DownMonthly PPI Inflation Down

The Producer Price Index stood at 215 in Dey (ending January 20), indicating a 0.6% decline compared with the previous month, according to the latest report of the Central Bank of Iran. The index for the month registered a year-on-year increase of 2.8% compared with the similar month of last year. PPI (using 2011 as the base year) in the 12-month period ending January 20 increased by 6.2% compared with last year’s corresponding period, the report said. The central bank put PPI inflation for the previous Iranian month at 7%.