Date: 27 December 2016 , 00:00
News ID: 772

CBI Puts Inflation at 8.6%, SCI at 7.2%

The average goods and services Consumer Price Index for urban areas in the 12 months ending December 20, which marks the end of the Iranian month of Azar, increased 8.6% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran.
CBI Puts Inflation at 8.6%, SCI at 7.2%

The CBI had put the inflation rate for the preceding month of Aban, which ended on November 20, at 8.6% as well.  The overall CPI (using Iranian fiscal year to March 2012 as base year) stood at 252.9 in Azar (November - December), indicating a 1.4% growth compared with the previous month.  The index registered a year-on-year increase of 9.2% compared with the similar month of last year.  The CBI report came after the Statistical Center of Iran put Aban (October - November)  inflation at 7.2%.