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Inflation rate rises to 23.5 per cent in Iran

Iran Materials 4 September 2012 14:20 (UTC +04:00)

Azerbaijan, Baku, Sep.4/ Trend F.Milad/

The inflation rate in Iran hit rose by 0.6 per cent in the fifth calendar month of Mordad, which ended on August 21, reaching 23.5 per cent, the Fars News Agency reported on Tuesday.

The Central Bank of Iran has reported that inflation rate has been rising since the beginning of the current year.

While the inflation rate was declining in the past year, it started to rise again in the current year, so that it rose from 21.8 per cent in the first month to 22.9 per cent in the fourth month.

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