Iran releases new PPI

TEHRAN, Apr. 28 (MNA) – The Central Bank of Iran released its latest report on the producer price index. The Central Bank of Iran (CBI) issued its latest report on the producer price index (PPI). Iran’s fiscal year for PPI, in which the value is 100, is the Iranian calendar year of 1390 (March 21, 2011- March 21, 2012). On an annual basis, the PPI is now clocking in at 8.9% while the last month PPI rose 0.2%. Over the last year, all sectors PPI has increased recording the construction sector as the slowest 5.1% up and the health sector as the fastest 40.9% up. Iran’s producer-price index recorded in the first month of Iranian calendar (March 21- April 20) increased in all sectors except agriculture and transportation which were down 0.4% and 0.6% respectively.