Domestic Economy
0

Inflation Downtrend Continues in Iran

The overall Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 197.6 during the month under review, indicating a 1.1% rise compared with the month before and a year-on-year increase of 25%
Inflation Downtrend Continues in IranInflation Downtrend Continues in Iran

Latest data released by the Statistical Center of Iran show the average annual inflation has continued the downtrend that started in the ninth Iranian month (Nov. 22-Dec. 21).
According to SCI's latest report, the average goods and services Consumer Price Index in the 12-month period ending Feb. 19, which marks the final day of the 11th Iranian month increased by 37% compared with last year’s corresponding period. 
SCI had put the average annual inflation rate for the preceding month, which ended on Jan. 20, at 38.6%. 
The consumer inflation for the Jan. 21-Feb. 19 period registered a year-on-year increase of 25% compared with the similar month of last year.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com