Iran's Inflation Downtrend Persists

Data released by the Statistical Center of Iran show the annualized inflation has maintained downtrend for the third consecutive month.
The average goods and services Consumer Price Index in the 12-month period ending Dec. 21 increased by 43.4% compared with the corresponding period of the year before. 
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Nov. 21, at 44.4%. 
The consumer inflation for the month under review (Nov. 22-Dec. 21) registered an increase of 35.2% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending Nov. 21 was 35.7%.