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Iran's CPI Inflation Hits 37.4% YOY

The Consumer Price Index registered a year-on-year increase of 36.9% in the month ending Dec. 21 for urban areas and 39.9% for rural areas compared with the similar month of last year
Iran's CPI Inflation Hits 37.4% YOY
Iran's CPI Inflation Hits 37.4% YOY

The goods and services Consumer Price Index registered a year-on-year increase of 37.4% in the Iranian month Azar (Nov. 22-Dec. 21) compared with the similar month of last year, the Statistical Center of Iran's latest report shows.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 151.7 in Azar, indicating a 2.6% rise compared with the previous month. 
The report also shows the CPI Index in the 12-month period ending Dec. 21 increased by 18% compared with last year’s corresponding period. 
SCI had put the inflation rate for the preceding Iranian month (Aban), which ended on Nov. 21, at 15.6%. 

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