Iran's CPI Inflation Jumps 52% YOY

The consumer inflation registered a year-on-year increase of 52.1% in the second Iranian month (ended May 21) compared with the similar month of last year, the Statistical Center of Iran reported.
The previous reading of SCI's YOY inflation was at 51.4% for the month.
The overall Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 173.5 in the period, indicating a 1.5% rise compared with the previous month.
The previous month-on-month CPI growth rate was 4%. 
The average goods and services Consumer Price Index in the 12-month period ending May 21 increased by 34.2% compared with last year’s corresponding period.