Iran’s inflation rate rises to 15.8%

October 11, 2007 - 0:0

TEHRAN – Inflation rate surged to 15.8 percent in the last 12 months leading to Sept. 22, 2007, the Central Bank of Iran (CBI) said here Wednesday.

The price index of consumer goods and services in urban areas had a 2.5 percent increase in Aug. 23-Sept. 22 compared to its previous 31-day period and a 17.9 percent hike from corresponding period in its preceding year.
The CBI Economic Statistics Department report shows inflation rate rose to 12.8 percent in Mar. 21-Apr. 20, to 13.6 percent in Apr. 21-May 21, and to 14.2 percent in May 22-Jun. 21.
Inflation rate advanced to 14.8 percent in Jun. 22-Jul. 22 and to 15.4 percent in Jul. 23-Aug. 22