Economy, Domestic Economy
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SCI Puts Inflation at 8%

SCI Puts Inflation at 8% SCI Puts Inflation at 8%

The goods and services Consumer Price Index in the 12-month period ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 8% compared with last year’s corresponding period, the Statistical Center of Iran reported.  The inflation rate shows a 0.2% increase compared to the previous month. The SCI put urban and rural inflation for Azar at 7.8% and 9.2%, indicating a respective 0.2% and 0.3% growth month-on-month.  The overall CPI (using the Iranian year to March 2017 as the base year) stood at 110.4 in Azar, up 0.7% month-on-month. For urban and rural areas, it stood at 110.3 and 111, registering a 0.7% and 1% growth. SCI put the inflation’s year-on-year increase at 8.9%. For urban and rural areas, it stood at 8.9% and 9% respectively.

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