The Statistical Center of Iran has released a new report on inflation in the eighth month of the year 1404 (started March 20). According to the latest data, the annual inflation for the month under review (Aban) increased to 40.4%, marking a 1.5 percent increase from the previous month,
In terms of point to point CPI rise, “food and beverages“ with 66.2% saw the highest among 12 groups of goods and services; followed by ‘tobacco products’ with 56.9% and ‘household supplies and furniture’ with 50.0% and ”health services” with 48.2%. The Consumer Price Index was reported at 417.5, reflecting a 3.4 percent rise compared to the previous month and a 49.4% rise compared to the same month of the year before.