The average price of residential area in Tehran, the capital city, increased by 45.2% in the fourth month of the current fiscal year (June 22-July 22) compared with the same period of the year before, says the Statistical Center of Iran.
This is while the Central Bank of Iran maintains the year-on-year price rise was at 38.8%.
A new report released by the Statistical Center of Iran shows the annualized inflation of Tehran residential homes stood at 27.1% in the month to July 22.
Year-on-year and month-on-month inflation were reported at 45.2% and 8.3% respectively, according to SCI.
July 31, 2022 20:37
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SCI, CBI Differ on Tehran Housing Inflation Rates
The average price of residential area in Tehran was 448.41 million rials ($1,407) per square meter in the fourth month of the current fiscal year (June 22-July 22), SCI reported, while CBI put it at 417.05 million rials ($1,309)
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