28 Mar 2024
Tuesday 23 June 2020 - 17:45
Story Code : 378266

Consumer inflation at 27.8%

Financial Tribune - The overall CPI (using the Iranian year to March 2017 as the base year) stood at 214.2 for the Iranian month to June 20, indicating a 2% rise compared with the month before and 22.5% compared with the similar month of the previous Iranian year

The average goods and services Consumer Price Index in the 12-month period that ended on June 20 increased by 27.8% compared with the corresponding period of last year, 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 May 20, at 29.8%.

Consumer inflation for the month under review (May 21-June 20) registered a year-on-year increase of 22.5% compared with the similar month of previous Iranian year. The year-on-year inflation of the month ending May 20 reached 21%.

The overall CPI (using the Iranian year to March 2017 as the base year) stood at 214.2 for the month, indicating a 2% rise compared with the month before.
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