Inflation Maintains Uptrend, Hitting New High of 45.8%

The rising inflation in the country has kept its upward momentum in the sixth month of the current fiscal year (Aug. 23-Sept. 22), latest data released by the Statistical Center of Iran show.
According to the report, the average goods and services Consumer Price Index in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month of the fiscal 2021-22, marking a new high of 45.8% compared with the corresponding period of the year before.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Aug. 22, at 45.2%. 
The consumer inflation for the month under review (Aug. 23-Sept. 22) registered an increase of 43.7% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending Aug. 22 was 43.2%.