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.

News ID: ۷۸۵۸۷۳

31 January 2021

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.