Iran's Housing Inflation Hit 4.7% in Khordad; Why Did It Lag Food and Clothing? (Wednesday, July 8, 2026)
Iran's Central Bank released its Khordad (the Iranian month ending June 21, 2026) inflation report on Tuesday, June 30, 2026: annual inflation at 57.7% and point-to-point inflation at 83.1%. The "housing, water, electricity and fuel" group rose just 4.7% that month, slower than food (8.7%), clothing (9.5%) and furniture (10%), echoing Sahmino's report last week on rent's lagging growth.
Transcript
Iran's housing inflation rose just four point seven percent in Khordad this year. The housing, water, electricity and fuel group is nearly thirty eight percent of the basket. That is about one point one percentage points faster than the prior month. Central Bank data show this group's growth has been gradually accelerating. Food rose eight point seven percent, clothing nine point five, furniture ten percent. Growth climbed from one point six percent in Farvardin to four point seven in Khordad. Most Iranian leases run a full year, so rents lag today's market rate. Utility costs use low volatility state tariffs, which also dampen this group's growth. Annual inflation reached fifty seven point seven percent nationwide. Each lease renewal passes part of the rent gap through into the index. The Central Bank published its Khordad report on Tuesday, June thirtieth. Field surveys put Tehran home prices near one hundred ninety one million tomans per meter. That listings figure isn't directly comparable to official transaction data. The Tir inflation report lands in early Mordad, in early August. Read the full analysis on Sahmino.
