Economy, Domestic Economy

Rural Inflation Down

Rural Inflation DownRural Inflation Down

The Consumer Price Index for rural areas in the 12-month period ending August 22, which marks the end of the fifth Iranian month of Mordad, increased 13% compared to the corresponding period last year – down 0.1% compared to a month earlier, the Statistical Center of Iran reported. The increase indicates a 0.1% downtick compared to a month earlier. The overall index (using 2011 as the base year) stood at 226.4 in Mordad, indicating 0.6% growth compared with the previous month. Year-on-year increase of 11.8% was recorded for the index compared with last year’s similar month – 0.8% lower than the changes recorded in the preceding month.