56278
CBI: PPI Inflation at 3.5%
CBI: PPI Inflation at 3.5%

CBI: PPI Inflation at 3.5%

CBI: PPI Inflation at 3.5%

The average Producer Price Index in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, reached 3.5% compared with last year’s corresponding period. According to the latest report by the Central Bank of Iran, the preceding month’s PPI inflation stood at 3.3%. A year-on-year increase of 6.8% was registered in the index compared with last year’s similar month. The PPI (using Iranian fiscal year to March 2012 as base year) stood at 231.1 in Azar, indicating a 2% growth compared with the previous month. 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. The central bank’s latest data on CPI show the average goods and services CPI for urban areas in the 12 months to December 20 increased 8.6% compared with last year’s corresponding period.

 

Short URL : https://goo.gl/kT7QsR
  1. https://goo.gl/ff9Uqb
  • https://goo.gl/5bd3M5
  • https://goo.gl/f9pi6X
  • https://goo.gl/E5Bq4M
  • https://goo.gl/brjMG4

You can also read ...

Flat Steel Import Slows on Currency Rate Issues
Flat steel import trade in Iran has been almost non-existent...
Alibaba Acquires Chipmaker C-SKY Microsystems
Chinese e-commerce firm Alibaba Group Holding Ltd has acquired...
50 Female Pilots Apply to Join Iran Air
About 50 female pilots are to take part in Iran Air’s upcoming...
Revised Rules for Private Bank Ownership Ratified
Lawmakers have revised regulations for the ownership of non-...
Over 9.7 billion shares valued at $498.4 million were traded on TSE during last month.
Coming out of a relatively good year, Tehran stocks had a...
TCCIM chief, Masoud Khansari (C), meets Sweden’s Ambassador to Iran Helena Sangeland in Tehran on April 18.
As a Swedish business delegation met with their Iranian...
Iran’s Largest Holding Seeks Gov’t Help to Finance Delayed Projects
Iran’s largest holding, the financially troubled Social...
New Credit Card Scheme  to Support Local Products
Iran’s banking system is now preparing a new credit card...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus