SCI: Iran's Rural Inflation at 7.5%

The average goods and services Consumer Price Index for rural areas in the 12-month period ending October 21, which marks the end of the Iranian month of Mehr, increased 7.5% compared with last year’s corresponding period, the Statistical Center of Iran reported. The center had reported a 7.7% rural inflation for the preceding Iranian month.  The overall rural CPI (using Iranian fiscal year to March 2012 as base year) stood at 243.9 in Mehr, indicating a 0.1% decrease compared with the previous month and a year-on-year increase of 7.3% compared with last year’s similar month.  Urban inflation for the month of Mehr was earlier put at 7.9% by SCI.