Quarterly producer price inflation for services reached 16.9 percent in spring 1405

According to a report published on Saturday 1 August 2026 based on producer price index data, the producer price index for the services sector rose 16.9 percent in spring 1405 (the quarter ending 21 June 2026) compared with the winter of 1404. Quarterly inflation for the sector had been estimated at 11.7 percent in winter 1404.

Year on year producer price inflation for services in spring 1405 was calculated at 58 percent against the spring of 1404, higher than the 49.7 percent recorded in winter 1404. Producer inflation over the twelve months ending in spring 1405 was reported at 49.3 percent, an increase of 4.8 percentage points on the comparable period ending in winter 1404.

Among the components of the services sector, repair of motor vehicles and motorcycles recorded the highest quarterly inflation at 33.3 percent, followed by arts, entertainment and recreation at 32.1 percent and human health and social work activities at 27.7 percent. The lowest quarterly rates were in water supply, waste and sewage management at 0.2 percent, education at 1.3 percent and real estate activities at 7.6 percent. Services are the largest part of Iran's economy by share of value added, and producer inflation typically passes through to consumer inflation with a lag.