Q3 Industrial Chicken Farms’ PPI at 30%
EghtesadOnline: The Producer Price Index for industrial chicken farms increased by 30.81% during the four-quarter period to Dec. 20, 2020, marking the end of the third quarter of the current Iranian year, compared with the similar period of the year before.
The index grew 15.19% in the four-quarter period ending Sept. 21.
PPI in Q3 (Sept. 22-Dec. 20, 2020) increased by 72.27% compared with the corresponding quarter of last year.
The overall PPI for the sector in Q3, using 2011 as the base year, stood at 925.25, indicating a 36.06% growth compared with the preceding quarter, the Statistical Center of Iran reported.
The highest quarter-on-quarter increase of the index among Iranian provinces during the period under review was registered for Gilan with 84.7% and the lowest producer inflation was recorded in East Azarbaijan with 13.7%.
On a year-on-year basis, Chaharmahal-Bakhtiari Province registered the highest increase with 164.6% and Sistan-Baluchestan posted the lowest inflation with 20.1%.
PPI is a price index that measures average changes in prices received by domestic producers for their output.
Another report newly published by SCI shows egg-laying chicken farms in Iran produced 869,000 tons of eggs in the year ending March 19, 2020, indicating a 29% or 196,000-ton increase compared with the fiscal March 2017-18.
A total of 11,460 people worked at egg-laying chicken farms in the year ending March 19, 2020; men account for 95% of total workers of egg-laying chicken farms.
There are 1,625 egg-laying chicken farms across the country, of which 1,268 are active.