Iran's official inflation rate for the Iranian Year which ended on March 19 was 21.5 percent, reports said Sunday citing a statement from the central bank.
The central bank had earlier reported the inflation rate for the preceding year as 12.4 percent.
Prices jumped 3.4 percent month-on-month during the final month of the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.