Domestic Economy

Inflation 39.2%, SCI Says

The Economic Studies Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture in a review of the decade ending in fiscal 2021-22 said the country saw the highest inflation in the year at 40.2%
Inflation 39.2%, SCI Says
Inflation 39.2%, SCI Says

The average goods and services Consumer Price Index in the 12 months to April 20 increased by 39.2% from the corresponding period the year before, latest data released by the Statistical Center of Iran show.
Annualized inflation reported on a monthly basis by the SCI was the sixth consecutive month of decline. The SCI had put  the average annual inflation rate for the preceding Iranian month, ended March 20, at 40.2%. 
Consumer price inflation for the month under review (March 21-April 20) jumped 35.6% over the same month in the previous calendar year while y/y inflation in the month ending March 20 was 34.7%. 
Overall CPI (using the Iranian year to March 2017 as the base year) stood at 415 for the month ending April 20, indicating a 3.3% rise on the month before. Month-on-month consumer inflation was 1.3% in the preceding month.


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