Annual inflation rate stands at 9.3% in rural areas

March 31, 2017 - 0:25

TEHRAN- The Statistical Center of Iran announced that the inflation rate in rural areas stood at 9.3 percent during the past Iranian calendar year of 1395 (which ended on March 20), Mehr news agency reported.

Central Bank of Iran (CBI) has put the country’s inflation rate at nine percent in 1395, IRNA previously reported.

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

Inflation rate in the last month of the past Iranian calendar year, Esfand, (February 19- March 20), stood at 11.9 percent.

MA