Iran’s annual producer price inflation (PPI) dropped to its lowest level in seven years, Central Bank of Iran (CBI) Governor Mohammadreza Farzin announced.Presenting a report during a recent cabinet meeting, Farzin revealed that the PPI for the calendar month to late November saw a monthly inflation rate of 2.4 percent.He highlighted that the annual producer inflation rate for this month fell to 27.6 percent, marking a one percent decline compared to preceding month. This figure represents the lowest annual PPI since November 2018.Additionally, Farzin noted a positive trend in consumer price inflation (CPI), which has also reached its lowest level since November 2020. (ICE TEHERAN)

Fonte notizia: TEHRAN TIMES