What was the inflation rate of the mining sector producer last year?

What was the inflation rate of the mining sector producer last year?
  • 2021-05-09
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According to the latest statistics announced by the Statistics Center of the country, the average price received by mineral producers for selling their products in the country (inflation of the producer price of the mining sector) last year increased by 79.8% compared to the previous year.

According to the International Iranian Stone Exhibition, the Statistics Center published the latest producer price index of the mining sector (production inflation rate) last year. According to this report, the producer price index of the mining sector reached 531.9 last year, which has increased by 236 units compared to the same information in the previous year.

The index related to the coal mining group is equal to 502.7, metal ores mining is 8.3 and other mining is 2.3. The index of all three major groups in the mining sector has increased compared to سال year.

The inflation rate of the mining sector producer compared to the previous year (annual inflation) last year reached 79.8 percent, which compared to the same information in the previous year, has increased by 1.5 percentage points.

In other words, the average price received by mineral producers for the sale of their products in the country, last year compared to 6, increased by 3.8 percent. Annual inflation for the coal mining group is equal to 2.3 percent, metal ores mining is 8.3 percent and other mining is 3.2 percent.

According to this report, a review of statistics published by the Ministry of Industry, Mines and Trade shows the growth of production of 9 products out of 11 selected and main products of the mining and mineral industries last year.

Raw steel, steel products, copper cathode, pure aluminum ingots, coal concentrate, cement, as well as ceramic tiles, glass goblets and glassware, were the goods that faced a growth in production compared to 1398.

Iran is among the top 15 countries in the world in terms of identified reserves, dating back half a century, with about 60 billion tons of mineral reserves, of which about 40 billion tons are definite and the rest are probable, an index that as a It is considered a mineral country.