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News | General | Iran

Statistical Center of Iran: annual inflation hit 66% in Tir 1405, point-to-point rate 87.9%

29 July 2026 | 3 months ago

The Statistical Center of Iran announced on Wednesday 29 July 2026 that the household consumer price index reached 676.9 in Tir 1405 (22 June to 22 July 2026). On that basis the annual inflation rate, the average of the twelve months ending in Tir versus the same period a year earlier, was recorded at 66.0%, up from 62% in Khordad 1405.

Point-to-point inflation for Tir 1405 was reported at 87.9%, meaning households on average spent 87.9% more than in Tir 1404 to buy an identical basket of goods and services. That rate was 0.7 percentage points lower than the previous month. Monthly inflation in Tir came in at 3.1%, split between 2.5% for food, beverages and tobacco and 3.6% for non-food goods and services.

Annual inflation ranged across expenditure deciles from 63.9% for the tenth decile to 73.5% for the second, widening the inflation gap between deciles to 9.6 percentage points from 8.4 points the month before.

Source:Mehr News AgencyThe source text

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