According to the Iranian Statistics Center, the annual inflation rate in October 1405 increased by more than three percent compared to the previous month and reached 8.76 percent. This is the highest official inflation rate in Iran since 1322. From the report of the Statistics Center it appears that the spot inflation rate is 88.7%. This means that the prices of consumer goods and services in October this year were on average 88.7% higher than in October 1404. According to this report, with the beginning of the new academic year, expenditures in the field of education witnessed the highest monthly increase and in October they were on average 23% higher than in September. The transportation sector experienced a rapid increase due to the influence of car prices and prices increased by more than 10% in a month. The Center for Statistics report shows that rural residents and low-income sections of society face more severe inflation than urban and high-income residents. This institution estimated the point-to-point inflation rate in rural areas at 107% and in urban areas at 85.5%. AFP via Getty Images.

According to the Iranian Statistics Center, the annual inflation rate in October 1405 increased by more than three percent compared to the previous month and reached 8.76 percent. This is the highest official inflation rate in Iran since 1322. From the report of the Statistics Center it appears that the spot inflation rate is 88.7%. This means that the prices of consumer goods and services in October this year were on average 88.7% higher than in October 1404. According to this report, with the beginning of the new academic year, expenditures in the field of education witnessed the highest monthly increase and in October they were on average 23% higher than in September. The transportation sector experienced a rapid increase due to the influence of car prices and prices increased by more than 10% in a month. The Center for Statistics report shows that rural residents and low-income sections of society face more severe inflation than urban and high-income residents. This institution estimated the point-to-point inflation rate in rural areas at 107% and in urban areas at 85.5%. AFP via Getty Images.