The average Consumer Price Index for rent levels of residential homes in urban areas of Iran during the four-quarter period to March 20, which marks the end of winter, increased by 26.9% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
SCI had put the annualized inflation rate for the preceding quarter (fall), which ended on Dec. 21, at 27%.
The highest and lowest average annual inflation rates in Q4 were registered for Lorestan and Sistan-Baluchestan provinces with 37.4% and 12.8% respectively.
According to the SCI report, CPI for rent levels in urban areas (using the Iranian year to March 2017 as the base year) stood at 279.7 in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), indicating a 6.4% increase compared with the previous quarter.
April 25, 2022 20:12
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SCI Scrutinizes 4th Quarter Rent, Home Sales Inflation
According to the Statistical Center of Iran, the annualized inflation for rent levels stood at 26.9% while it hit 27% in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20)
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