The inflation index growth accelerated in December 2023
A new report from the Iranian Statistics Center indicates that the inflation index growth accelerated in December 2023
According to this report published on the Statistics Center’s website, the prices of goods and services increased by about 29 percent in December compared to November this year, marking the highest monthly inflation rate since May 2023
Additionally, the price increase of goods and services in December compared to the same month last year has exceeded 40 percent, which is also the highest year-on-year inflation growth since July of this year
According to the Statistics Center’s estimates, meat prices have experienced the highest growth among food items, with the prices of both red and white meat increasing by 97 percent, effectively almost doubling
The significant surge in red meat comes despite last month’s statistics from the Statistics Center showing a 30 percent drop in its production within the country, reaching 37,000 tons, which equates to half a kilogram of red meat consumption per Iranian citizen over the course of a month