THRAN- The Statistical Center of Iran announced that the inflation rate for the 12-month period ended on the last day of the sixth Iranian calendar month of Shahrivar (September 22) compared to the same period in the previous year hit eight percent.

The center put the inflation rate at 7.8 percent in the urban areas and 8.9 percent in the rural areas in the said time span, Tasnim news agency reported on Sunday.

As reported, the point-to-point inflation rate stood at 8.1 percent in the country in the end of the 12-month period, with 0.1 percent drop compared to the same time in the past year. The figure was eight percent in the urban areas and 8.3 percent in the rural areas, showing 0.1 percent and 0.6 percent fall, respectively.

The center has put the country’s inflation rate at 9.8 percent in the past Iranian calendar year 1395 (ended on March 20), showing 4.5 percent drop from its preceding year.

It is while the Central Bank of Iran (CBI) has put the country’s inflation rate at nine percent during the past calendar year.

Iran, accordingly, could manage to experience a single-digit inflation rate after 26 years in 1395.

MA/MG