SCI Puts Inflation at 8.2 Percent

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad (May 22-June 21), increased by 8.2% compared with last year’s corresponding period, the Statistical Center of Iran reported.

News ID: ۷۸۳۰۴۸

24 June 2018

SCI had put the inflation rate for the preceding month of Ordibehesht, which ended on May 21, at 8%. The overall CPI (using the Iranian year to March 2017 as the base year) stood at 116.2 in Khordad, indicating a 1.9% rise compared with the previous month.  The index registered a year-on-year increase of 10.2% compared with the similar month of last year.  SCI put Khordad’s inflation for urban and rural areas at 8.2% and 7.9% respectively. The overall CPI reached 116.1 for urban households and 117.1 for rural households, indicating an increase of 1.7% for urban areas and 2.7% for rural areas compared with the previous month. The index registered a year-on-year increase of 10.2% for urban areas and 9.9% for rural areas compared with the similar month of last year, according to Financial Tribune.