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Transportation Inflation Tops 100% YOY

Transportation Inflation Tops 100% YOY Transportation Inflation Tops 100% YOY

The transportation sector recorded a whopping inflation rate of 109.5% year-on-year in the seventh month of the current Iranian year (Sept. 22-Oct. 21) – the highest among 12 groups of the basket of consumer goods and services purchased by households.
The Statistical Center of Iran's latest report shows the Consumer Price Index of transportation stood at 378.2 in the month under review, indicating a 17% increase compared with the month before.
With a coefficient of 9.41%, the average CPI of the group in the 12-month period ending Oct. 21, which marks the end of the seventh Iranian month, increased by 58.4% compared with the similar period of the year before, which is also the highest among the 12 groups under review.

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