Tehran Housing Inflation at 59%

Tehran’s housing Consumer Price Index in the 12-month period ending Oct. 22, which marks the end of the seventh Iranian month, increased by 59.3% 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 Sept. 22, at 67.3%. 
The housing inflation for the month under review (Sept. 23-Oct. 22) registered a year-on-year increase of 22.4% and a month-on-month increase of 23.8% compared to the month ending Sept. 22.