So, the country’s inflation rate has decreased to one-digit figure again after experiencing two months of 10 percent rate. The inflation rate in Iran in recent months was in fluctuation around 10 percent.
So, there is a 1.7 percent difference between the figures unveiled by the two official Iranian entities.
The announced inflation rate between the two organizations has been different in recent months and the Statistical Center's inflation rate has been lower than that of the Central Bank.
The Central Bank also said that setting the Iranian fiscal year 1395 (March 21, 2016 to March 20, 2017) as the main one, that is 1395=100, the consumer price index (CPI) in Iran’s urban areas stood at 113.4 units in the 11th month of the current fiscal year, which is 0.9 percent more than in the preceding month.
The index for foods and drinks shows an increase by 1.3 percent compared to the preceding month and a growth rate of 11.5 percent compared to the same time of last year, according to the CBI.
The index for tobacco registered a rise by 0.6 percent compared to the preceding month and a growth rate of 1.8 percent when compared to the same time last year.
The index for clothes and health care increased by 5.4 and 8.7 percent year-on-year,
meanwhile the index for housing, electricity
and fuels witnessed an 8.8 percent increase.
The education sector registered the highest annual growth among the index subgroups (14.1 percent).
The annual increase for ICT, transportation and service sectors stood at 1.7, 6.8 and 9.7 percent, respectively.
The Iranian Parliament Research Center has forecasted that Iran’ inflation rate in next fiscal year (to start March 20, 2018) will become 11.5 percent.
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