Tehran’s Construction Material Inflation at 44.8 Percent in Q1

The general price index of construction materials for residential properties in Tehran, using 2011 as the base year, grew by 44.8% during the four-quarter period ending June 21, which marks the end of the first quarter of the current Iranian year, compared with the previous year's corresponding period.
The annual inflation of construction material was 55.3% in Q4.
The index stood at 1,544.2 in Q1 (March 21-June 21), according to the Statistical Center of Iran's latest report published on its website. Compared with the previous quarter, which ended on March 20, the index registered a 10.5% decline. 
In the fourth quarter of the previous Iranian year (Dec. 22, 2021-March 20), the construction material price index stood at 1,222.5 and registered a 26.3% quarter-on-quarter growth.