EghtesadOnline: The average goods and services Consumer Price Index in the 2020-21 fiscal year, increased by 36.4% compared to the corresponding period the year before, the Statistical Center of Iran reported. It put last fiscal’s urban and rural annual inflation at 36.2% and 37.7%, respectively.

EghtesadOnline: The average annual Consumer Price Index for the communications sector in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 7.3% compared with the corresponding period of the year before, which is the lowest among 12 groups of the basket of consumer goods and services purchased by households.

EghtesadOnline: O PEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.