...

Inflation rate reaches 40% in Iran

Business Materials 23 July 2019 18:01 (UTC +04:00)

Baku, Azerbaijan, July 23

By Elnur Baghishov - Trend:

The inflation rate reached 40.4 percent in Iran during the fourth month (June 21- July 22) of this Iranian year (started on March 21, 2019) compared to the previous 12 months, Trend reports referring to Iranian Statistical Center’s report.

According to the Center, the price index reached 179.7 percent last month, which is 2.8 percent more compared to the preceding month.

Compared to the third month of the current Iranian year, in the fourth month, consumers spent on average 48 percent more money on goods and services.

The price index increased by 1.3 percent in the sector of food, beverages and tobacco products, and by 3.5 percent in the sector of non-food items and services.

The price change reached 71.8 percent for the first group and 38.4 percent for the second group.

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

179.7

2.8

48

40.4

Food and beverages

26.64

219.1

1.3

71.9

59.6

Food

25.55

219

1.1

72

59.7

Bread and cereals

6.67

169.7

1.6

42.3

28.9

Meat and meat products

5.91

257.9

1.8

94.8

77

Red meat and chicken meat

5.14

259.7

1.6

93.2

76.4

Fish

0.77

245.7

3.4

106.3

81.3

Milk, cheese and eggs

2.8

191.9

10

58.1

45.2

Oils

1.29

187.1

2.2

50.6

45.6

Fresh fruits and dried fruits

3.43

242.5

-1.1

67.9

82.5

Sugar, jams, honey, chocolate and etc.

1.44

197.3

-4.5

74.4

48.9

Other products

0.98

259.8

2.5

122.5

97

Tea, coffee, cacao and other non-alcoholic drinks

1.1

220.5

5.5

67.8

58.1

Tobacco products

0.59

280.5

0.2

68.4

123.1

Clothes and footwear

4.78

188.7

2.4

60

46.8

Water, electricity, gas

35.5

148.2

4.4

24.7

22.1

Furniture, household appliances

3.93

217.5

2.7

80.2

66.7

Health care and medical treatment

7.14

154.8

5.9

29.7

23.7

Transport

9.41

181.9

2

56.6

44

Communication

2.87

148.1

0.6

32.7

33.1

Entertainment

1.65

218.7

4

73.8

63.8

Education

1.86

147.4

2

23.1

20.4

Hotel and restaurant

1.44

176.5

3.3

51.9

35.7

Products and different services

4.18

194.7

2.1

55.4

49.1

Tags:
Latest

Latest