SCI: Inflation at 9.7%
EghtesadOnline: The goods and services Consumer Price Index in the 12-month period ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 9.7% compared with last year’s corresponding period, the Statistical Center of Iran reported.
SCI had put the inflation rate for the preceding month of Tir, which ended on July 22, at 8.7%.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 127.7 in Mordad, indicating a 5.2% rise compared with the previous month.
The index registered a year-on-year increase of 19.3% compared with the similar month of last year, according to Financial Tribune.
SCI put average urban and rural inflation for Mordad at 9.8% and 9.1% respectively. The overall CPI reached 127.6 for urban households and 128 for rural households, indicating an increase of 5.1% for urban areas and 5.9% for rural areas compared with the previous month.
The index registered a year-on-year increase of 19.4% for urban areas and 18.8% for rural areas compared with the similar month of last year.