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Iran records increase in inflation rate

Business Materials 22 November 2021 16:26 (UTC +04:00)
Iran records increase in inflation rate

BAKU, Azerbaijan, Nov. 22

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 35.7 percent in the 8th month of the current Iranian year (October 23 through November 21, 2021), compared to the same month last Iranian year, Trend reports referring to the Statistical Center of Iran.

The statistics show that families spent an average of 35.7 percent more on some products and services compared to the same month of the last Iranian year.

The inflation on food, soft drinks, and tobacco products in Iran was 46.4 percent in the 8th month, while in the non-food and services sector was 30.2 percent, according to the statistics.

Percentage of monthly change of the Consumer Price Index (CPI):

Whole index

Food, soft drinks, and tobacco products

Non-food and services sector

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

Country

2.5

3.7

3.1

5

2.1

3

City

2.4

3.6

3

5

2.1

3

Village

2.7

4.1

3.3

5.2

2.2

3.1

Percentage of change of CPI - Consumer Price Index compared to the same month last Iranian year:

Whole index

Food, soft drinks, and tobacco products

Non-food and services sector

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

The 8th month of the current Iranian year (Oct. 23 through Nov. 21, 2021)

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

Country

35.7

39.2

46.4

60.5

30.2

29.5

City

35.3

38.4

47.4

61.2

29.8

29

Village

37.4

43.9

42.9

57.8

32.5

33

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to the 7th month of the last Iranian year (Sept. 22 through Oct. 22, 2020)

Compared to the 8th month of the last Iranian year (Oct. 22 through Nov. 20, 2020)

Comparison of the last 12 months (Nov. 20, 2020 through Nov. 21, 2021), with the preceding 12 months (Nov. 22, 2019 through Nov. 21, 2020)

Index

100

373

2.5

35.7

44.4

Food and soft drinks

26.64

496.7

3.1

47

60.1

Food

25.55

493.2

3.2

46.9

59.8

Bread and grain

6.67

397.5

2.9

39.7

52.2

Meat

5.91

497.1

3.8

34.1

56.6

Poultry

5.14

485.9

3.7

30.0

55.1

Fish

0.77

571.7

4.2

63.2

66.8

Milk, cheese and eggs

2.80

533.3

2.6

70.9

72.5

Oils

1.29

446.9

1.2

47.0

91.8

Fresh fruits, dry fruits

3.43

565.7

2.4

59.0

60.6

Granulated sugar, jams, honey, chocolate, etc.

1.44

467.8

2.0

60.1

64.4

Other products

0.98

476.0

6.1

53.6

42.5

Tea, coffee, cacao, and other soft drinks

1.10

578.6

1.2

47.1

66.8

Tobacco products

0.59

539.0

3.4

28.1

41.9

Clothing and footwear

4.78

433.3

3.2

48.8

52.1

Water, electric power, gas

35.50

258.4

1.5

25.6

26.7

Furniture and household appliances

3.93

500.7

2.1

39.6

58.1

Medical treatment

7.14

295.7

1.5

35.2

40.3

Transport

9.41

467.2

3.4

25.0

44.6

Communication

2.87

184.2

1.0

1.2

12.6

Entertainment

1.65

462.8

2.1

33.4

49.4

Education

1.86

262.7

2.4

26.9

22.6

Hotel and restaurant

1.44

405.3

2.6

62.4

56.4

Goods and services

4.18

398.1

1.9

36.5

45.1

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Follow the author on Twitter: @BaghishovElnur

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