Tehran’s Construction Material Inflation at 55.3% in 4th Quarter

The general price index of construction materials for residential properties in Tehran, using 2011 as the base year, grew by 55.3% during the four-quarter period ending March 20, which marks the end of the fourth quarter of the last Iranian year, compared with the previous year's corresponding period.
The annual inflation of construction material was 69.9% in Q4.
The index stood at 1,222.5 in Q4 (Dec. 22, 2021-March 20), according to the Statistical Center of Iran's latest report published on its website. Compared with the previous quarter, which ended on Dec. 21, the index saw a 3% rise.