The Statistical Center of Iran has released a new report on inflation in the first eight month of the year 1403 (started March 20). According to the latest data, the annualized inflation for the month under review (Aban) stood at 33.1%, down from 33.6% in the month before.
In terms of year-on-year CPI rise, “housing incl. water, gas, electricity, etc.’” with 39.0 saw the highest among 12 groups of goods and services; followed by “education and training“ with 34.4%. Food and beverages were 29.3% more expensive in the month of Aban than in the same month of the previous year. The Consumer Price Index was reported at 279.5 indicating a 32.5% rise compared to the same month of the year before.