October 27, 2018 20:13

Iran: Tobacco Products See Highest Rise in Prices (October 2018)

The "tobacco" group experienced a 22.7% rise month-on-month, 165% rise year-on-year and a 46% average annual rise in CPI in the Iranian month ending Oct. 22

Latest statistics released by the Statistical Center of Iran show the highest inflation among 12 goods and services groups in the Iranian month Mehr (Sept. 23-Oct. 22) was recorded for the “tobacco” group with a 22.7% rise in its consumer price index compared with the month before.
The group's CPI registered a year-on-year increase of 165.8% compared with the similar month of last year, as its average 12-month inflation stood at 46.6%.
About 20% of Iran’s demand for tobacco are met by domestic production.

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Rate of Inflation in Iran