First Disinflation in 12 Months

The average annualized inflation in the third month of the current Iranian year (May 22-June 21) stood at 48.5%, down from 49.1% in the previous month, the Statistical Center of Iran said in a new report released on Wednesday.
This is the first time in a year that inflation has registered a fall, as indicated in SCI’s monthly report.
The general goods and services Consumer Price Index (using the Iranian year to March 2022 as the base year) stood at 189.3 in the month under review, indicating a month-on-month rise of 2% and a year-on-year rise of 42.6%.