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Inflation rate rises in Iran

Business Materials 20 April 2020 21:11 (UTC +04:00)
Inflation rate rises in Iran

BAKU, Azerbaijan, April 20

By Elnur Baghishov - Trend:

The inflation rate reached 19.8 percent in the first month of this Iranian year (from March 20 through April 19, 2020) compared to the same month of last Iranian year, Trend reports referring to the Iranian Statistical Center’s report.

In accordance with the report, families spent an average of 19.8 percent more on some products and services.

During the first month, the price index in the groups of food, beverages and tobacco products decreased by 3.9 percent and reached 24 percent while in the non-food and services sector decreased by 1.0 percent and reached 24.7 percent.

The monthly difference of the Consumer Price Index (CPI) in percent:

index

food, beverages and tobacco products

non-food and services sector

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

Country

1.5

2.1

1.9

5.1

1.3

0.8

City

1.4

2.0

1.8

5.0

1.3

0.7

Village

1.8

3.1

2.2

5.7

1.4

1.2

The difference of the Consumer Price Index (CPI) in percent in the first month of this Iranian year compared to the first month of last Iranian year:

index

food, beverages and tobacco products

non-food and services sector

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

12th month of last Iranian year (from February 20 through March 19, 2020)

1st month of this Iranian year (from March 20 through April 19, 2020)

Country

22.0

19.8

14.6

10.7

25.7

24.7

City

22.2

20.2

14.4

10.8

25.6

24.7

Village

21.1

18.1

15.1

10.4

26.2

25.2

Price index of consumer goods and services in Iran:

Significance factor

Index

Index difference in percent

12th month of last Iranian year (from February 20 through March 19, 2020)

Compared to the 1st month of last Iranian year (from March 21 through April 20, 2020)

the last 12 months compared to the previous period

Index

100

204.8

2.1

19.8

32.2

Food and beverages

26.64

241.8

5.2

10.7

36.8

Food

25.55

240.5

5.4

9.6

36.1

Bread and grain

6.67

191.9

2.4

29.0

33.4

Meat

5.91

249.3

-1.0

-7.0

39.1

Poultry

5.14

248.4

-1.2

-9.3

37.9

Fish

0.77

255.0

0.3

11.2

48.0

Milk, cheese and eggs

2.80

221.5

1.3

27.5

33.9

Oil

1.29

194.0

0.7

12.2

27.0

Fresh fruits, dry fruits

3.43

278.3

19.0

11.4

28.8

Granulated sugar, jams, honey, chocolate, etc.

1.44

222.4

4.9

25.3

47.5

Other products

0.98

250.7

0.7

6..6

40.2

Tea, coffee, cacao, and other soft drinks

1.10

271.4

0.9

39.5

54.0

Tobacco products

0.59

303.8

3.9

11.0

23.9

Clothing and footwear

4.78

222.8

0.9

28.3

41.4

Water, electric power, gas

35.50

167.1

0.2

20.4

23.3

Furniture and household appliances

3.93

248.1

1.2

25.4

45.0

Medical treatment

7.14

170.8

0.6

20.7

25.3

Transport

9.41

242.9

1.0

47.4

46.5

Communication

2.87

150.9

1.3

4.2

12.9

Entertainment

1.65

246.4

1.1

25.6

41.9

Education

1.86

173.4

0.0

20.2

21.7

Hotel and restaurant

1.44

194.9

0.1

18.3

37.3

Goods and services

4.18

223.5

4.0

21.8

34.4

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