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Inflation rate up in Iran

Finance Materials 27 November 2018 09:05

Baku, Azerbaijan, Nov. 27

By Elnur Baghishov – Trend:

While analyzing the index of goods and services in Iran’s urban areas, inflation rate has increased by 18.4 percent from the beginning of the Iranian calendar year (started on March 21, 2018) till the eighth month of this year, compared to the same month of last Iranian year, the Central Bank of Iran said, ILNA reported.

The inflation rate increased by 39.9 percent during the eighth month of this Iranian year compared to the same month of last Iranian year.

The prices for goods and services in Iran’s urban areas have changed as of the eighth month during 12 months of this Iranian year compared to the same period of last Iranian year:

Products and services

Margin in percentage

Food and drinks

25 percent

Housing

10 percent

Tobacco products

60.3 percent

Restaurant and hotel

16.5 percent

Education

15.4 percent

Entertainment and culture

35.9 percent

Communication and IT

17.3 percent

Transportation

24.9 percent

Healthcare and medical treatment

12.3 percent

Clothing and footwear

16.3 percent

Household goods and services

29.2 percent

Other products and services

27.9 percent

The price index during the eighth month of this Iranian year compared to the same month of last Iranian year is as follows:

The margin is in percentage.

Products and services

the eighth month of this Iranian year

the eighth month of last Iranian year

Food and drinks

4.4

59.9

Tobacco products

5.4

150.8

Clothing and footwear

7.6

48.5

Housing, utilities

3.1

14.5

Household goods and services

7.2

83.1

Healthcare and medical treatment

1.3

19.6

Transportation

0.2

58.6

Communication and IT

2.4

45

Entertainment and culture

3.8

86.5

Education

4.9

24.2

Restaurant and hotel

3.4

31.7

Other products and services

6.2

67.6

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