TEHRAN- The Statistical Center of Iran announced that the inflation rate in the urban areas for the 12-month period ended in Tir, the fourth month of the current Iranian calendar year (June 22-July 22), hit 7.6 percent, Fars news agency reported.

The figure shows 0.2 percent rise from the third calendar month, Khordad.

The center also put the point-to-point inflation rate in the urban areas at 8.9 percent in Tir, with 0.5 percent drop from Khordad.

Also, based on the Statistical Center’s report, the inflation rate in the country’s rural areas stood at 8.8 percent for the 12-month period ended in Tir, with 0.3 percent increase from the figure of Khordad.

Point-to-point inflation rate in the rural areas fell by 0.8 percent to 9.7 percent in Tir.

The Statistical Center of Iran 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.

MA/MG