Tehran Housing Inflation Lowest in 41 Months

The annualized monthly inflation of Tehran’s residential housing hit the lowest in 41 months in the last month of previous fiscal year (Feb. 20-March 20), latest data released by the Statistical Center of Iran show.
The Consumer Price Index of homes in the capital city in the 12-month period ending March 20, which marks the end of the 12th month of last Iranian year, increased by 33.01% compared with the corresponding period of the preceding year. 
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Feb. 19, at 37.24%. 
The housing inflation for the month under review (Feb. 20-March 20) registered a year-on-year increase of 19.85% compared with the similar month of last year. The year-on-year inflation of the month ending Feb. 19 was 23%.