Financial Tribune - The average goods and services CPI in Iran for the 12-month period ending May 20 increased by 29.8% compared with last year’s corresponding period

The growth in overall Consumer Price Index in the second month of the current Iranian year (April 20-May 20) was the highest (4.7%) in Bushehr when compared with the month before.

This comes as, according to new data released by the Statistical Center of Iran, West Azarbaijan posted the lowest month-on-month inflation of 0.6% last month.

The overall CPI, using the Iranian year to March 2017 as the base year, stood at 210 in the same month, indicating a 2.5% rise compared with the previous month.

Hormozgan Province’s goods and services consumer inflation registered a rise of 30.5% during the month ending May 20 compared with the similar month of the year before, the highest among all provinces.