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Inflation rate in Iran announced

Finance Materials 23 August 2020 12:55 (UTC +04:00)
Inflation rate in Iran announced

BAKU, Azerbaijan, August 23

By Elnur Baghishov – Trend:

The inflation was 30.4 percent in Iran in the 5th month of the current Iranian year (July 22-August 21, 2020) compared to the same month last Iranian year, Trend reports referring to the Statistical Center of Iran.

The report shows that families spent an average of 30 percent more on some products and services compared to the same month of last Iranian year.

The inflation on food, soft drinks and tobacco products in Iran was 26 percent in the 5th month, while in the non-food and services sector was 32.6 percent, according to the report.

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

Whole index

Food, soft drinks and tobacco products

Non-food and services sector

5th month of the current Iranian year (July 22-August 21)

4th month of the current Iranian year (June 21-July 21)

5th month of the current Iranian year (July 22-August 21)

4th month of the current Iranian year (June 21-July 21)

5th month of the current Iranian year (July 22-August 21)

4th month of the current Iranian year (June 21-July 21)

Country

3.5

6.4

3.6

6.7

3.4

6.3

City

3.5

6.5

3.8

6.7

3.4

6.5

Village

3.2

5.9

2.9

6.7

5.2

3.5

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

Whole index

Food, soft drinks and tobacco products

Non-food and services sector

5th month of the current Iranian year (July 22-August 21, 2020) compared to 5th month of last Iranian year (July 23- August 22, 2019)

4th month of the current Iranian year (June 21-July 21, 2020) compared to 4th month of last Iranian year (June 22- July 22, 2019)

5th month of the current Iranian year (July 22-August 21, 2020) compared to 5th month of last Iranian year (July 23- August 22, 2019)

4th month of the current Iranian year (June 21-July 21, 2020) compared to 4th month of last Iranian year (June 22- July 22, 2019)

5th month of the current Iranian year (July 22-August 21, 2020) compared to 5th month of last Iranian year (July 23- August 22, 2019)

4th month of the current Iranian year (June 21-July 21, 2020) compared to 4th month of last Iranian year (June 22- July 22, 2019)

Country

30.4

26.9

26

21

32.6

29.8

City

30.6

27

25.5

20.4

32.9

30

Village

29.6

25.9

27.8

23.1

31.1

28.3

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to 4th month of current Iranian (June 21-July 21, 2020)

Compared to 5th month of last Iranian year (July, 23- August 22, 2019)

Comparison of the last 12 months (August 23, 2019-August 22, 2020), with the preceding 12 months (August 23, 2018- August 22, 2019)

Index

100

235.9

3.5

30.4

25.8

Food and soft drinks

26.64

274.2

3

25.8

22

Food

25.55

272.2

3.3

25

21.5

Bread and grain

6.67

241.9

4.4

42.1

31.9

Meat

5.91

297.9

3

11.1

15.6

Poultry

5.14

299.7

3.4

10.6

14

Fish

0.77

286

4.1

14.7

23.7

Milk, cheese and eggs

2.8

263

5

32.2

29

Oil

1.29

211.5

4.4

12.1

14.9

Fresh fruits, dry fruits

3.43

315.1

2.4

38.2

18.5

Granulated sugar, jams, honey, chocolate, etc.

1.44

267.5

4.7

36

31

Other products

0.98

273.8

2.7

4.2

12.8

Tea, coffee, cacao, and other soft drinks

1.10

320.8

6.9

32

43.5

Tobacco products

0.59

367.4

5.8

31.4

12.8

Clothing and footwear

4.78

255.4

3.3

32.7

32.9

Water, electric power, gas

35.5

189.7

2.8

25.8

22.8

Furniture and household appliances

3.93

302.3

5.9

35.8

32.1

Medical treatment

7.14

194.1

1.7

24.2

23.6

Transport

9.41

298.2

5.2

65.1

47.2

Communication

2.87

166.1

1.7

12.5

6.4

Entertainment

1.65

297.8

4.7

34.3

30.5

Education

1.86

183.7

2.2

23.9

21.5

Hotel and restaurant

1.44

221.2

3.3

23.2

27.4

Goods and services

4.18

262.2

3.7

33.5

27

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