Consumer inflation dips to 32.2% in Iran

Financial Tribune – The average goods and services Consumer Price Index in the 12-month period ending April 19, which marks the end of the first month of the current Iranian year, increased by 32.2% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.

SCI had put the average annual inflation rate for the preceding Iranian month, which ended on March 19, at 34.8%.

The average annual inflation has been on a downtrend since the middle of last Iranian year (March 2019-20).

The consumer inflation for the month under review (March 20-April 19) registered a year-on-year increase of 19.8% compared with the similar month of the previous Iranian year.