SCI: Inflation Declines for Fourth Consecutive Month

New data released by the Statistical Center of Iran show the annualized inflation has maintained its monthly downtrend after registering a high of 45.4% in the month ending Oct. 22.
The average goods and services Consumer Price Index in the 12-month period ending Feb. 19 increased by 41.4% compared with the corresponding period of the year before, marking the fourth consecutive month of decline.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Jan. 20, at 42.4%. 
The consumer inflation for the month under review (Jan. 21-Feb. 19) registered an increase of 35.4% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending Jan. 20 was 35.9%.