Tehran Housing Inflation Tops 78%

April 12, 2021
real estate

T ehran’s housing Consumer Price Index in the 12-month period ending March 20, 2021, which marks the end of the 12th month of last Iranian year, increased by 78.2% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.

SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Feb. 18, at 75.4%.

The housing inflation for the month under review (Feb. 19-March 20) registered a year-on-year increase of 81.9% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending Feb. 18 was 91.3%.

The housing CPI (using the Iranian month to April 19, 2016, as the base) stood at 689.9 for the month under review, indicating a 3.2% growth compared with the month before.

financialtribune



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