The CBI had put the inflation rate for the preceding month of Tir, which ended on July 22 at 10.2%. The overall CPI (using the Iranian year to March 2017 as the base year) stood at 133.8 in Mordad, indicating a 5.5% increase compared with the previous month. The index registered a year-on-year increase of 24.2% compared with the similar month of last year. The CBI report came after the Statistical Center of Iran put the average inflation for the 12-month period to Mordad at 9.7%. According to SCI, the index registered a year-on-year increase of 19.3% compared with the similar month of last year, Financial Tribune reported.