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Iran Housing Sector Acts as Brake on Runaway Inflation

The point-to-point inflation rate of the housing sector was registered at 12.8% during the seventh month of the current Iranian year that ended on Oct. 22, considerably lower than the overall inflation rate of 36.9% as reported by CBI
Iran Housing Sector Acts as Brake on Runaway Inflation Iran Housing Sector Acts as Brake on Runaway Inflation

The point-to-point inflation rate of Iran's housing sector was significantly lower than that of other sectors during Mehr, the seventh month of the current Iranian year that ended on Oct. 22, recent data released by the Central Bank of Iran show.
Figures disclosed by the monetary regulator on its official website indicate that point-to-point inflation reached 36.9% during the aforesaid month.
The overall Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 148.4 in Mehr, indicating a 4.6% increase compared with the previous month.

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