Central Bank: Inflation hits 15.9% in Iran
Baku, Azerbaijan, Oct. 27
By Elnur Baghishov - Trend:
During 12 Iranian months before October 22, 2018, inflation in Iran increased compared to the same period before October 22, 2017, Mehr News Agency reported citing the country's Central Bank.
The inflation reached 15.9 percent in the last month of the reported period.
Last month, prices for goods and services in Iran's urban areas increased by 4.6 percent compared to the month before.
The price index increased by 36.9 percent compared to the same period of the previous year.
Amidst a slight improvement in the currency market's stability, the inflation rate, which was rising in the first six months of the year, dropped last month.
Inflation during 12 Iranian months before October 22, 2018 compared to the same period before October 22, 2017 (in percent).
|Real estate||10||Communication services||14.2|
|Food and drinks||21.20||Education||14.1|
|Transport||20.4||Restaurants and hotels||14.8|
|Health services||11.4||Tobacco products||47.8|
|Clothes and footwear||12.7||Recreation||29.4|
|Household items||22.8||Other services and products||23|