Q3 Urban Rent Inflation at 26%

The average Consumer Price Index for housing rent levels in urban areas during the four-quarter period ending Dec. 20, which marks the end of the third quarter of the current Iranian year (fall), increased by 26% compared with the corresponding period of last year. 
The Statistical Center of Iran had put the inflation rate for the preceding quarter (summer), which ended on Sept. 21, at 24.3%. 
The highest inflation was registered for Chaharmahal-Bakhtiari Province with 32.8% and the lowest rate was posted for West Azarbaijan Province with 13.3%.  
According to the SCI report, CPI for rent levels in urban areas (using the Iranian year to March 2017 as the base year) stood at 209 in the third quarter of the current Iranian year (Sept. 22-Dec. 20), indicating a 6.8% increase compared with the previous quarter.