Iran inflation continues to rise, putting pressure on households across the country. Moreover, the Central Bank of Iran reported that urban inflation reached 44.2% over the past year. This increase shows continued price growth across goods and services. The consumer price index for urban households stood at 514.6 points last month. Consequently, this figure rose 5.7% from the previous month. Compared with a year earlier, the index is now 54.9% higher. These numbers highlight the strong upward trend in Iran inflation.
Goods prices grew faster than services, reflecting ongoing market pressures. Specifically, the price index for goods rose 9.6% compared with the previous month. Over the year, goods prices are 75.7% higher. Therefore, annual inflation for goods reached 52.1%. Meanwhile, services also saw steady increases. Services prices rose 1.6% from the previous month. In addition, year-on-year, services prices climbed 36.5%. Overall, the 12-month inflation rate for services stands at 37%.
Among major categories, food and beverage prices increased 11% month-on-month. Similarly, tobacco prices went up 11.3%. Clothing and footwear rose 4.2%, while housing, water, electricity, gas, and other fuels increased by 1.2%. Household goods and services rose 7.7%. Health costs increased 2%, and transport prices grew 5.4%. Moreover, communication costs climbed 9%, and recreation and culture increased 3.1%. Education costs rose only 0.3%. Meanwhile, restaurants and hotels saw an 8.2% increase. Miscellaneous goods and services prices grew 3.4%. Altogether, these increases show how Iran inflation affects daily life.
Experts say these high inflation levels reduce the purchasing power of households. Consequently, many families struggle to cover basic needs. The rising costs of food, transport, and housing are particularly concerning. Analysts warn that unless inflation slows, households will face greater financial pressure. Iran inflation continues to dominate economic discussions in the country. Therefore, officials monitor these figures closely as they consider policies to stabilize prices. For now, urban households are facing a growing cost of living as prices rise across all sectors.