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The Statistical Center of Iran (SCI) said on Sunday that inflation in the country had reached 32.5% in the 12 months to late December compared to the previous 12-month period.<\/p>\n
It said the figure was a decline of 0.6% from the same rate reported in late November, according to Press TV.<\/p>\n
The SCI figures showed that Iran\u2019s Consumer Price Index (CPI) reached 285.1 in the calendar month ending late December, and monthly inflation had also increased by 2%. \u00a0<\/p>\n
The data showed that prices of food, beverages, and smoking products increased by 1.8% in December compared to November, while inflation of non-food products and services rose by 2.1% over the same period.<\/p>\n
The SCI said inflation measured on a point-to-point scale, which compares the rate in two same months in back-to-back years, was 31.4% in December.<\/p>\n
The figures come days after the Central Bank of Iran (CBI) said that inflation in the country was at its lowest in four years.<\/p>\n
CBI figures showed that Iran\u2019s annual inflation rate had dropped to 37.3% in the calendar month to November 20.<\/p>\n
The lender said that Iran\u2019s Producer Price Index (PPI) had also dropped by 27.6 % in November, the lowest reported since February 2019, adding that the monthly PPI, which is a gauge of the general inflationary trend in a country, had fallen to 2.4% in the same month.<\/p>\n
Iran\u2019s annual inflation rose to nearly 49.1% in May 2023, just shy of an all-time record reported some three decades ago.<\/p>\n
MNA<\/p>\n<\/p><\/div>\n
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