The Statistics Center of Iran (SCI) introduced on Sunday that the nation’s inflation fee reached 32.5% year-on-year within the 12 months to the tip of December.
The determine was down 0.6% from the identical fee reported in late November, Press TV introduced.
According to SCI statistics, Iran’s Consumer Price Index (CPI) reached 285.1 within the calendar month ending December, and the month-to-month inflation fee additionally elevated by 2%.
According to the information, meals, beverage and smoking product costs rose by 1.8% in December in comparison with November, whereas non-food and companies inflation rose by 2.1% over the identical interval.
Inflation, measured on a point-to-point scale that compares inflation charges for a similar month final 12 months, stood at 31.4% in December, based on the SCI.
The figures had been launched days after the Central Bank of Iran (CBI) introduced that the nation’s inflation fee was the bottom in 4 years.
Iran’s annual inflation fee fell to 37.3% within the calendar month ending November 20, based on CBI statistics.
The monetary establishment stated Iran’s producer value index (PPI) additionally fell by 27.6% in November, the bottom since its February 2019 report, bringing the month-to-month PPI, which measures the nation’s common inflation pattern, to 2.4. He added that it had fallen to % of the identical month.
Iran’s annual inflation fee rose to almost 49.1% in May 2023, simply shy of the all-time excessive reported practically 30 years in the past.
MNA