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Annual inflation hits 53.9% in second month of calendar year: CBI
According to state news agency IRNA, the central bank said the consumer price index (CPI) for goods and services in Iran's urban areas reached 667.5 in the second month of the Iranian year, which ran from April 21 to May 21, up 8.5% from the previous month.
Also, point-to-point inflation, which measures changes in consumer prices compared with the same month a year earlier, stood at 77.2%, the CBI said.
The central bank had reported annual inflation at 50.6% in the first month of the year, while the Statistical Center of Iran (SCI) put the figure at 53.7%.
Iran's national currency has fallen to record lows amid mounting economic pressure. The rial traded between 1.75 million and 1.9 million per US dollar on the open market in recent weeks, compared with about 811,000 a year earlier.
The sharp depreciation has underscored growing strain on the economy, which is already grappling with high inflation and Western sanctions. The country remains under wartime conditions following a 40-day US-Israeli conflict. Tehran and Washington agreed to a temporary ceasefire on April 8 through Pakistani mediation, although tensions remain high.