Financial Tribune - The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of the last fiscal year (ended March 20, 2019), compared with the preceding year's corresponding period.

According to the Statistical Center of Iran's latest report published on its website, the index stood at 356.4 in winter.

The figure indicates an increase of 7.7% compared with the previous quarter, which ended on Dec. 21 (autumn), when the index stood at 331.

During the 12 months ending Q4, the index grew by 47.8% year-on-year, while in the 12 months ending Q3, it had grown by 37.3%.