The Statistical Center of Iran has released a new report on inflation in the first month of the current Iranian year (started March 21). According to the latest data, the annualized inflation for the month under review (Farvardin) stood at 47.6%, up from 45.8% in the month before (a 1.8% rise). In terms of year-on-year CPI rise, “hotels and restaurants” with 85.6 saw the highest among 12 groups of goods and services, followed by “food and beverages” with 78.5%.
The Consumer Price Index was reported at 180.5, indicating a 55.5% rise compared to the same month of the year before.