Economy, Domestic Economy

SCI Puts Inflation at 7.2%

SCI Puts Inflation at 7.2%SCI Puts Inflation at 7.2%

The average goods and services Consumer Price Index for urban areas increased 7.2% in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, compared with last year’s corresponding period, according to the Statistical Center of Iran’s latest report. SCI put the preceding month’s inflation rate at 7.5%. The overall consumer price index (using 2011 as the base year) stood at 235.5 in Azar, indicating a 0.8% increase compared with the previous month and a year-on-year increase of 5.7% compared with last year’s similar month.

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