Domestic Economy

Iran's Inflation Highest in Six Months

Food inflation was the highest among 12 groups of goods and services on a month-on-month basis with 6.7%
Inflation Highest in Six Months
Inflation Highest in Six Months

The goods and services Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 429.6 in the month ending May 21, indicating a 3.5% rise compared to the previous month, making it the highest in six months, new data released by the Statistical Center of Iran show.
Month-on-month consumer inflation was 3.3% in the preceding month.
The average CPI in the 12 months to May 21 increased by 38.7% compared with the corresponding period of the year before.
SCI had put the average annual inflation rate for the preceding Iranian month (ended April 20) at 39.2%. 


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