Food Inflation Near 50%: SCI

The average annualized food inflation stood at 49.6% in the month to May 21, latest data released by the Statistical Center of Iran show. 
The Consumer Price Index of “food and beverage” group stood at 586.1 in the second month of the current Iranian year (April 21-May 21), indicating a 3.3% increase against the previous month.
The index registered a year-on-year increase of 49.6%.
With 26.64%, the “food and beverage” group has a major impact on the overall inflation rate.