The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on July 21, which marks the end of the fourth Iranian calendar month of Tir stood at 26.4 percent. The inflation rate has fallen 1.4 percent in the mentioned time span from the last-months period (27.8%). The average annual inflation has been on a downtrend since the middle of last Iranian year (March 2019-20).
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 227.9 for the Iranian month to July 21, indicating a 6.4% rise compared with the month before and 26.9% compared with the similar month of the previous Iranian year.