CBI Puts Inflation at 9.4%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending June 21, which marks the end of the Iranian month of Khordad, increased by 9.4% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran announced.

News ID: ۷۴۵۵۳۹

27 June 2018

CBI had put the inflation rate for the preceding month of Ordibehesht, which ended on May 21, at 9.1%.

The overall CPI (using the Iranian year to March 2017 as the base year) stood at 122.6 in Khordad, indicating a 4.3% increase compared with the previous month. The index registered a year-on-year increase of 13.7% compared with the similar month of last year.

The CBI report came after the Statistical Center of Iran put Khordad inflation at 8.2%, according to Financial Tribune.