Central Bank Deputy: Monthly Inflation Eased to 3.7 Percent in Mordad

Vahid Majed, deputy for monetary policy at Iran's Central Bank, said in a televised program reported by Donya-e-Eqtesad, citing Mehr News Agency, on Thursday, Shahrivar 5, 1405 (August 27, 2026), that monthly inflation for Mordad 1405 (the month ending August 22) came in at 3.7 percent, continuing a slowdown in the pace of inflation that began three months earlier.

He said monthly inflation had peaked at 8.5 percent in Ordibehesht (April to May), a trend he attributed to the economic conditions of the 12 day imposed war in Tir 1404 (July 2025) and subsequent developments including the economic blockade. Majed added that the central bank began monetary and prudential policies to curb the pace of inflation from early Khordad 1405 (late May 2026), and stressed continuity of those policies alongside targeted financing for affected sectors.