The overall CPI (using the Iranian year to March 2017 as the base year) stood at 180.8 in the fifth month of the Iranian year (July 23-Aug. 22), indicating a month-on-month rise of 0.6% which is a relatively small monthly increase (in fact, the lowest registered in the past 17 months) compared with inflation in the past few months, according to a report by Donya-e Eqtesad.

The consumer inflation registered a year-on-year increase of 41.6% in the month ending Aug. 22 compared with the similar month of last year, the Statistical Center of Iran reported.

Year-on-year inflation rate of the month ending July 22 was 48%, suggesting that inflation decreased by 6.4 percentage point last month YOY, which is an unprecedented decline in a decade.

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