According to the Central Bank of Iran the annual inflation by August stood at 8.9 percent down by 0.3 percent compared to the annual inflation ending one month earlier. The monthly rate of inflation in Mordad (July-August) stood at 1.1 percent while the figure was 1.4 percent one month earlier in Tir (June-July). The point-to-point inflation in the Iranian month of Mordad (July-August) stood at 9.4 percent while the figure was 7.4 in the preceding Iranian month of Tir (June-July).