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Inflation rate up in Iran

Business Materials 22 May 2019 19:03 (UTC +04:00)

Baku, Azerbaijan, May 22

By Elnur Baghishov – Trend:

The inflation rate reached 34.2 percent during the second month of this Iranian year (started on March 21, 2019) compared to the previous 12 months, Trend reports referring to the Iranian Statistical Center’s report.

The inflation rate reached 30.6 percent during the first month of this Iranian year.

According to the report, the price index reached 173.5 percent last month, which is 1.5 percent more compared to the previous month.

The price index reached 52.1 percent last month compared to the previous month.

The price index increased by 0.7 percent in the sector of food, beverages and tobacco products, while by 2.7 percent – in the sector of non-food items and services last month compared to the previous month.

The price change reached 82.6 percent for the first group while 39.9 percent for the second group last month compared to the previous month.

Significant coefficient

Index

Index percentage change

Compared to the previous month

Compared to the same month of last year

12 months last year compared to the previous year

Index

100

173.5

1.5

52.1

34.2

Food and beverages

26.64

216.7

-0.8

81.7

49.7

Food

25.55

217.3

-1

82.3

49.7

Bread and cereals

6.67

159.8

7.4

36.7

23.7

Meat and meat products

5.91

253.8

-5.3

101.5

63.9

Red meat and chicken meat

5.14

257.1

-6.1

100.7

63.7

Fish

0.77

231.5

0.9

107.1

65.7

Milk, cheese and eggs

2.8

174.9

0.7

47

39.6

Oils

1.29

178.8

3.4

56.1

39.2

Fresh fruits and dried fruits

3.43

250.7

0.4

112.6

74.6

Sugar, jams, honey, chocolate and etc.

1.44

203.2

14.5

85.8

36.6

Other products

0.98

245.3

4.3

120.7

78.4

Tea, coffee, cacao and other non-alcoholic drinks

1.1

202.8

4.2

69

50

Tobacco products

0.59

277.3

1.3

119.6

118.8

Clothes and footwear

4.78

179.8

3.5

60.8

38.4

Water, electricity, gas

35.5

140.2

1

25.4

19.6

Furniture, household appliances

3.93

206.5

4.4

83.2

55.4

Health care and medical treatment

7.14

144.1

1.8

28.6

20.5

Transport

9.41

177.7

7.8

62.4

35.8

Communication

2.87

146.4

1.1

36.7

28.7

Entertainment

1.65

205.8

4.9

75.7

54.1

Education

1.86

146.4

0.1

21.3

18.9

Hotel and restaurant

1.44

168.8

2.5

50.3

28.7

Products and different services

4.18

189.1

3.1

58.9

42.5

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