Economy, Domestic Economy
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Health Sector Registers Highest PPI Inflation in Iran

Health Sector Registers Highest PPI InflationHealth Sector Registers Highest PPI Inflation

The inflation rate registered by the health sector’s Producer Price Index grew by 0.3% in the Iranian month of Farvardin (March 21-April 20) compared with the same month of last year to hit 17.4%, recording the biggest increase in the prices of domestic goods, services and construction.

The Central Bank of Iran’s data show the year-on-year PPI inflation of the education sector was 11.3% last month, hospitality 11.5%, construction 10.6%, information and telecommunications 6.9%, transportation and storage 4.7%, agriculture, forestry and fishing 6.9% and other public, social and personal services 11%.

The average PPI in the 12 months ending April 20 increased by 5.4% compared with last year’s corresponding period.

CBI put the preceding month’s PPI inflation at 5%. A year-on-year increase of 9.2% was registered in the index compared with the similar month of last year.

PPI (using Iranian year to March 2012) stood at 236.3 in Farvardin, indicating a 0.4% growth compared with the previous month.

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Financialtribune.com