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Ilam Sees Highest Inflation Among Iranian Provinces

Oct 31, 2018, 8:52 AM
News ID: 27335

EghtesadOnline: Goods and services Consumer Price Index for Ilam Province registered an increase of 39.9% during the Iranian month of Mehr (Sept. 23-Oct. 22) compared with the similar month of last year, which is the highest among all Iranian provinces.

The year-on-year CPI growth was the lowest for Kerman Province with 26.1%, the Statistical Center of Iran reported.  

The overall goods and services CPI in Iran registered a YOY increase of 32.8% compared with the similar month of last year. 

The overall CPI (using the Iranian year to March 2017 as the base year) stood at 144.1 in Mehr, indicating a 7.1% rise compared with the previous month, according to Financial Tribune.

The growth in overall CPI compared with the previous month (Aug. 23-Sept. 22), was the highest (9.5%) again for Ilam Province and lowest (5%) for Qom.   

The average overall goods and services CPI in Iran in the 12-month period ending Oct. 22 increased by 13.4% compared with last year’s corresponding period. 

Lorestan Province registered the highest 12-month inflation with 16.6% while Kerman Province posted the lowest 12-month inflation of 10.4%. Average annual inflation gap among provinces was 6.2% in Mehr, indicating a 1% increase compared with the month before.