Provincial Inflation Hit 39-48%

EghtesadOnline: The average goods and services CPI in Iran for the 12-month period ending Nov. 21 increased by 44% compared with the preceding year’s corresponding period.

News ID: ۷۵۲۰۳۵

02 December 2022

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Lorestan registered the highest average annual inflation with 48.9% while Khuzestan posted the lowest with 39.3% in the current Iranian year’s eighth month (Oct. 23-Nov. 21).

The average goods and services CPI in Iran for the 12-month period ending Nov. 21 increased by 44% compared with the preceding year’s corresponding period.

On a month-on-month basis, the growth in CPI was the highest (3.7%) in Sistan-Baluchestan Province, while South Khorasan Province posted the lowest (1.2%).

The overall CPI, using the Iranian year to March 2017 as the base year, stood at 552.4 in the month ending Nov. 21, indicating a 2.1% rise compared with the previous month.