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Inflation up in Iran

Business Materials 23 November 2019 10:21 (UTC +04:00)
Inflation up in Iran

BAKU, Azerbaijan, Nov. 23

By Elnur Baghishov - Trend:

The inflation rate increased by 27 percent during the eighth month (Oct. 23 – Nov. 21) of this Iranian year (began March 21, 2019) compared to the same period last year, Trend reports referring to Iranian Statistical Center.

According to the center, families in Iran have spent an average by 27 percent more on some products and services.

During the eighth month, the price index for food, beverages and tobacco products reached 28.8 percent, while for non-food items and services – 26.2 percent.

Monthly change in consumer price index:

Entire index

Food, beverages and tobacco products

Non-food items and services

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

Whole country

1.7

1.6

-1.0

1.4

3.1

1.7

City

1.9

1.5

-1.1

1.3

3.2

1.6

Village

0.8

1.8

-0.8

1.6

2.1

2

Change in consumer price index compared to the same period last Iranian year:

Entire index

Food, beverages and tobacco products

Non-food items and services

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

7th month (Sept. 23 – Oct. 22)

8th month (Oct. 23 – Nov. 21)

Whole country

28.3

27

32.3

28.8

26.6

26.2

City

28.3

27

33.1

29.2

26.4

26.1

Village

28.5

27.3

29.5

27.6

27.7

27.1

Consumer price index for goods and services in Iran:

Coefficient

Index

Percentage change in index

In comparison with the 7th month

In comparison with the same month of last year

In comparison with the previous 12 months

Index

100

187.8

1.6

27

41.1

Food and beverages

26.64

215.6

1.4

29.8

58.5

Food

25.55

213.6

1.4

28.9

58.5

Bread and grain

6.67

178.4

2.3

30.3

33.5

Meat and meat products

5.91

253.6

-1.8

45.7

80.5

Red meat and poultry meat

5.14

255.2

-2.1

46.1

80.1

Fish

0.77

243.4

-0.1

42.7

83.2

Milk, cheese and eggs

2.8

210.1

2.6

29

43.9

Oil

1.29

190.3

0.2

17.4

42.5

Fruit and dessert

3.43

215.4

2.7

11.5

59.9

Sugar, jam, honey, chocolate

1.44

198.6

0.2

40

56.4

Other food products

0.98

249.0

-1.9

16.9

86.7

Tea, coffee, cocoa and other non-alcoholic beverages

1.10

262.4

0.8

49.6

63

Tobacco products

0.59

279.3

0.3

1.5

64.9

Clothing and footwear

4.78

203.8

1.6

36.1

50.7

Housing, water, electricity, gas and other fuel

35.50

163.3

1.3

23.5

24.1

Furniture, home appliances

3.93

231.3

1

35.6

66.4

Health and medical treatment

7.14

163.3

1

24.2

26.2

Transportation

9.41

190.2

5.4

33.4

44.4

Communication

2.87

145.1

-0.2

1.7

27

Entertainment

1.65

231

0.3

30.2

60.1

Education

1.86

171.2

0.2

22.3

22.3

Hotel and restaurant

1.44

187.0

1

36.4

42.4

Products and various services

4.18

202.1

0.7

24.9

46.9

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