Published Date: Wednesday 30 August 2017

Producer price index in the Mining Sector in the spring of the year 1396 (Base year: 1390=100)

The producer price index in the mining sector in Iran reached 218.6 in the spring of the year 1396*, which rose by 7.6 % over the previous season (203.1), and increased by 14.1%, compared to the same season in the previous year (191.5).

  The percentage changes in the general index of the four seasons ending to the Spring of the year 1396 was 2.7 compared to the same period in the previous year (the inflation rate of the producer in the total mining sector), which increased, compared to the inflation rate of the four seasons ending to the winter of the year 1395 (- 4.1%).

In the mentioned season, the "mining of metal ores" section had the highest impact on the 7.6% increase in the price index of the mining sector.

  The price index in the “mining of metal ores” section rose from 198.23, to 212.1 with an increase of 6.9 percent, compared to the previous season. This growth was mainly due to the impacts made by an increase of 20.7% in the activities on "mining of copper".

  In the "mining of copper ore" activity, the price index in the spring of the year 1396 rose from 69.0 to 83.3, which is 20.7 percent higher than the previous season. This rise is mainly due to an increase in the price of the "copper concentrate".

  Changes in the price index in other activities did not have a significant effect on the change in the general index of the mining sector.

 For more details, see the attachment file.

A Report on Producer Price Index in the Mining sector for the spring of year 1396

It is the Iranian year which usually begins within a day of 21 March of the Gregorian calendar. To find the corresponding year of the Gregorian calendar, add 621 or 622 (depending on the time of the year) to a solar Hijri year.  For example the corresponding year of the year 1396 in the Gregorian calendar is (21 March 2017-20 March 2018).

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