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Inflation rate announced in Iran

Finance Materials 21 June 2020 20:06 (UTC +04:00)
Inflation rate announced in Iran

BAKU, Azerbaijan, June 21

By Elnur Baghishov – Trend:

The inflation was 22.5 percent in the third month of the current Iranian year (May 21-June 20, 2020), Trend reports referring to the Iranian Statistical Center’s report.

The report shows that families spent an average of 22.5 percent more on some products and services compared to the same month of last Iranian year.

“The inflation was 22.7 percent in the cities and 21.1 percent in the rural areas,” the report said.

The inflation in food, beverages and tobacco products in Iran was 14.9 percent, while in the non-food and services sector was 26.4 percent, according to the report.

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to last month (April 21- May 20, 2020)

Compared to the same month of last Iranian year (April 22- May 21, 2019)

Comparison of the last 12 months (June 22, 2019-June 20, 2020), with the preceding 12 months (June 22, 2018- June 21, 2019)

Index

100

214.2

2.0

22.5

27.8

Food and beverages

26.64

248.4

2.4

14.9

27.4

Food

25.55

246.8

2.4

14.0

26.5

Bread and grain

6.67

216.0

6.1

29.4

31.6

Meat

5.91

257.2

3.7

1.6

24.7

Poultry

5.14

256.7

4.0

0.4

23.4

Fish

0.77

260.8

1.6

9.8

34.1

Milk, cheese and eggs

2.80

224.8

0.8

28.9

31.5

Oil

1.29

197.4

0.8

7.9

20.1

Fresh fruits, dry fruits

3.43

306.4

4.3

25.0

20.2

Granulated sugar, jams, honey, chocolate, etc.

1.44

241.1

3.3

16.7

35.9

Other products

0.98

259.5

1.9

2.4

25.1

Tea, coffee, cacao, and other soft drinks

1.10

285.0

2.6

36.3

49.0

Tobacco products

0.59

324.6

2.7

16.0

14.5

Clothing and footwear

4.78

235.9

2.7

28.0

36.3

Water, electric power, gas

35.50

172.7

1.4

21.7

22.6

Furniture and household appliances

3.93

268.1

3.4

26.6

37.0

Medical treatment

7.14

181.2

3.1

24.0

24.4

Transport

9.41

265.0

0.5

48.6

45.1

Communication

2.87

157.6

1.0

7.0

8.7

Entertainment

1.65

265.8

3.6

26.5

34.9

Education

1.86

174.0

0.3

20.4

21.5

Hotel and restaurant

1.44

201.5

2.5

17.9

31.6

Goods and services

4.18

239.0

3.1

25.3

29.4

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