CBI: Production sector shows 12% inflation in a month

CBI: Production sector shows 12% inflation in a month
Central Bank of Iran (CBI) reported on Sunday that the Producer Price Index (PPI) in Iran rose by 12 percent in the 12 months to June 21, 2015 compared to the figure for the same period last year.

A CBI report, a copy of which was made available to IRNA, provided summary of the PPI in previous years with the base year being March 2011-2012.

The CBI said the PPI was 214.7 in the month to June 21, 2015, showing a 1.7 percent growth compared to the figure for the previous month and 7.5 percent increase compared to the figure for the same month last year.

The PPI showed a 12 percent growth in 12 months to June 21, 2015 compared to the same period of the previous year.


Jun 30, 2015 09:21

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.