Inflation rate rises 1%: SCI
The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on August 22, which marks the end of the fifth Iranian calendar month of Mordad, stood at 45.2 percent, rising one percent from the figure for the twelve-month period ended on the last day of the fourth month.
SCI has put the country’s point-to-point inflation rate at 43.2 percent in the mentioned month; it means that the families have paid an average of 43.2 percent more for purchasing the same package of commodities and services compared to the same month of its previous year.
The point-to-point inflation rate was 0.4 percent less than the figure for the previous month.
At the same time, the point-to-point inflation rate for urban households was reported to be 42.4 percent, which is 0.5 percent less than the figure for the previous month. The figure was 47.7 percent for the rural households, with no change from the figure for the previous month.
SCI has announced that the inflation rate in the twelve-month period ended on March 20, which marks the end of the last month of the past Iranian calendar year, stood at 36.4 percent, rising 2.2 percent from the figure for the twelve-month period ended on the last day of the eleventh month of that year.
Source: Tehran Times
Top News
El Salvador sitting on $3 trillion worth of unmined gold, president says
Gold price could extend record run into 2025, Heraeus says
Trump tariff risk roils gold and silver as New York prices jump
Rio Tinto’s $2.5 billion lithium plan is a win for Milei
Copper price jumps on China policy, but we’ve been here before
Zimbabwe wants 26% free-carry stake in new mining projects
Glencore ties up with Cyclic Materials in copper recycling push
Lithium supply surplus set to stay with battery makers’ help
China tightens rules to curb methane emissions from coal mines
Skeena advances Eskay Creek permitting, unlocks Orion funding
US foreign investment panel split on Nippon-US Steel deal
Norge Mining acquires Europe’s largest natural graphite producer
Australia’s CEFC invests $75m in homegrown critical minerals
US foreign investment panel split on Nippon-US Steel deal
Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
BHP seeks Brazil growth to emerge from shadow of mining disaster
Norilsk Nickel plans to sell all it produces in 2025
BHP seeks Brazil growth to emerge from shadow of mining disaster
Gold price could extend record run into 2025, Heraeus says
Skeena advances Eskay Creek permitting, unlocks Orion funding
US foreign investment panel split on Nippon-US Steel deal
Norge Mining acquires Europe’s largest natural graphite producer
US foreign investment panel split on Nippon-US Steel deal
Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
BHP seeks Brazil growth to emerge from shadow of mining disaster
