Tehran Housing Inflation at 67.3%

Tehran’s housing Consumer Price Index in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month, increased by 67.3% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show. 
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Aug. 22, at 75.3%. 
The housing inflation for the month under review (Aug. 23-Sept. 22) registered a year-on-year increase of 23.8% compared with the similar month of last year. The year-on-year inflation of the month ending Aug. 22 was 33.7%. 
The housing CPI (using the Iranian month to April 19, 2016, as the base) stood at 752.6 for the month to Sept. 22, indicating a 1.2% decrease compared with the month before.