Home Rent, Sale Prices Rise Concurrently in Q1

The Statistical Center of Iran has released new data on home rent and sale prices during the first quarter of the current Iranian year (March 20-June 20).
Both experienced higher inflation rates, although they lagged behind the overall inflation rate, which has been put at 27.8% for the third month of the current Iranian year (May 21-June 20).
According to the report, the average Consumer Price Index for rents in urban areas during the four-quarter period to June 20, which marks the end of the first quarter of the current fiscal year (spring), increased by 22.7% compared with the corresponding period of last year. 
SCI had put the annual inflation rate for the preceding quarter, which ended on March 19 (last year' Q4 that coincides with winter) at 23.2%. 
The highest and lowest average annual inflation rates were registered for Lorestan and West Azarbaijan provinces with 35.8% and 9.5% respectively.