producer inflation in mining and industry; Cost pressure has increased.
▫ Producer inflation in the industrial and mining sector accelerated again in the summer of 1405; A picture that indicates a significant increase in costs and prices received by the producers. The latest statistics from the Iranian Statistics Center show that point-to-point producer inflation reached 147.3% in the industrial sector and 107.7% in the mining sector. Thus the prices of industrial and mineral products increased by more than 2.4 and 2 times respectively, compared to the summer of last year.
▫ In the industry sector, the producer price index reached 774.7 units in the summer. The seasonal inflation of this sector was recorded at 28%, which is 8.2 percent less than the spring season. However, point-to-point inflation increased by 38.3 percentage points and annual inflation increased by 26.4 percentage points to reach 97.3 percent.
▫ Among the industrial groups, the production of tobacco products experienced the highest increase with a point inflation of 216.8%. Also, the seasonal inflation of coke production and oil refining products reached 80.2%.
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