TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on January 20, which marks the end of the tenth Iranian calendar month of Dey, stood at 20.6 percent, IRNA reported.

Inflation rate in the mentioned period shows 2.6 percent rise from the figure of the twelve-month period ended on the last day of the ninth Iranian calendar month of Azar (December 21, 2018).

As reported, the average goods and services Consumer Price Index (CPI) stood at 154.1 in urban areas and at 158.4 in the rural regions in Dey, indicating 2.1 percent and 2.8 percent increase, respectively, compared to the previous month.

In Iranian calendar year 1395 (ended on March 20, 2017), Iran could manage to experience a single-digit inflation rate after 26 years.

The inflations rate stood at 9.8 percent in that year according to the Statistical Center of Iran and at nine percent according to the CBI.

But since this year’s calendar month of Khordad (ended on June 22, 2018), when the inflation rate stood at 10.2 percent, as announced by the Central Bank of Iran (CBI), the country’s experiencing a double-digit inflation rate again.

MA/MA