Iran’s Producer Inflation in Month of Bahman Announced
TEHRAN (Iran News) According to a report from the Statistical Center of Iran, the producer price index (PPI) for the industrial sector reached 1,586.7 in Bahman 1403. This reflects an 8.4% increase from the previous month (monthly inflation), a 46.5% surge compared to the same month last year (point-to-point inflation), and a 26.6% rise over the 12 months ending in Bahman 1403 compared to the corresponding period of the prior year (annual inflation).
The monthly change in the industrial sector’s producer price index for Bahman 1403 stood at 8.4%, marking a significant 3.1 percentage point increase from the 5.3% recorded in the previous month. This indicates that the average prices received by industrial producers for goods manufactured domestically rose by 8.4% in Bahman compared to Dey (the prior month).
Within this period, the highest monthly inflation rate was observed in the “coke and refined petroleum products” category, which surged by 21.7%. In contrast, the lowest increase was in the “motor vehicles, trailers, and semi-trailers” group, which saw a modest rise of 1%. These disparities highlight the uneven impact of inflationary pressures across different industrial subsectors.
The point-to-point inflation rate, comparing Bahman 1403 to Bahman 1402, reached 46.5%, a notable jump of 9.6 percentage points from the 36.9% recorded in the previous month’s comparison. This means that the average prices received by industrial producers for their domestically produced goods were 46.5% higher this Bahman than in the same month of the previous year.
The “chemicals and chemical products” group experienced the steepest point-to-point inflation at 64.9%, underscoring the intense cost pressures in this sector. Meanwhile, the “textile manufacturing” category recorded the lowest increase at 23.5%, indicating a relatively milder impact on this segment of the industry.
Over the 12 months ending in Bahman 1403, the industrial sector’s producer price index rose by 26.6% compared to the same period in the prior year. This annual inflation rate reflects a 2.1 percentage point increase from the 24.5% reported for the 12 months ending in Dey 1403. In simpler terms, producers’ average prices for goods manufactured domestically over this year-long period were 26.6% higher than in the previous 12-month cycle.
Among the industrial groups, “electrical equipment manufacturing” posted the highest annual inflation rate at 38.5%, signaling persistent cost challenges in this area. Conversely, the “paper and paper products manufacturing” category saw the lowest annual increase at 15.3%, suggesting greater stability in this segment.
The rising producer inflation rates—monthly, point-to-point, and annual—point to mounting cost pressures within Iran’s industrial sector, likely driven by factors such as energy prices, supply chain disruptions, or currency fluctuations. These figures could signal broader economic challenges ahead, potentially affecting consumer prices and industrial output if the trend persists.
- source : IRAN NEWS ECONOMIC DESKTEHRAN (Iran News)