Monday March 27 2017
Iran Inflation Rate at 10.60 percent
Consumer prices in Iran rose 10.6 percent year-on-year in February of 2017, compared to a 9.6 percent increase in the previous month. It was the highest inflation rate since October 2015 as prices rose at a faster pace for: food and beverages (12.9 percent vs 9.8 percent in January), furnishing and utilities (6.8 percent vs 6.3 percent), communications (6.3 percent vs 6.1 percent), restaurants and hotels (9.7 percent vs 9.3 percent), miscellaneous goods and services (9.7 percent vs 9.6 percent), and transport (8.3 percent vs 7.8 percent). Prices increased at a slower pace for: health (17.1 percent vs 17.2 percent), education (11.2 percent vs 11.3 percent), clothing and footwear (6.0 percent vs 6.4 percent), and recreation and culture (8.2 percent vs 8.4 percent). Inflation was steady for: housing and utilities (9.2 percent) and tobacco ( 10.7 percent). On a monthly basis, consumer prices increased 1.1 percent, after a 0.8 percent rise in a month earlier.