Tehran Housing Inflation Eases

Latest data released by the Statistical Center of Iran show the pace of runaway inflation in Tehran’s housing market is easing.
Tehran’s housing Consumer Price Index in the 12-month period ending Nov. 21, which marks the end of the eighth Iranian month, increased by 51.8% compared with the corresponding period of last year. 
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Oct. 22, at 59.3%. 
The housing inflation for the month under review (Oct. 23-Nov. 21) registered a year-on-year increase of 20.2%.