Annualized Inflation Hit 41%

The average goods and services Consumer Price Index in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased by 41% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show. 
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on April 20, at 38.9%. 
The consumer inflation for the month under review (April 21-May 21) registered an increase of 46.9% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending April 20 was 49.5%.