Tehran Province Inflation Drops

The monthly consumer inflation of Tehran Province stood at 3.2% in the fifth month of the current fiscal year (July 22-Aug. 21), indicating a 4.9% decrease compared with the previous month, Masoud Shafiei, the head of Plan and Budget Organization of Tehran Province said. 
The Consumer Price Index for “food, beverages and tobacco” group increased 4.3% and that of “non-food and services” group grew 2.9% month-on-month.
The overall month-on-month CPI for urban and rural areas increased by 3.2% (down 5% compared with the previous month’s corresponding figures) and 1.9% (down 5.8% compared with the previous year’s corresponding figures) respectively.