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Inflation rate increasing in Iran

Finance Materials 20 February 2021 22:24 (UTC +04:00)
Inflation rate increasing in Iran

BAKU, Azerbaijan, Feb. 20

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 48.2 percent in the 11th month of the current Iranian year (January 20 through February 18, 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 48.2 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 66.8 percent in the 11th month, while in the non-food and services sector was 39.7 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 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

The 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

The 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

Country

2.5

1.8

5.2

0.9

1.1

2.3

City

2.4

1.9

5.2

0.9

1.0

2.3

Village

3.3

1.7

5.3

1.1

1.5

2.3

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

The 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

The 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

The 11th month of the current Iranian year (Jan. 20 through Feb. 18, 2021)

The 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

Country

48.2

46.2

66.6

59.9

39.7

39.9

City

47.2

45.5

66.

59.8

39.3

39.7

Village

53.6

49.8

60.3

67.7

42.6

41.6

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to the 10th month of the current Iranian year (Dec. 21, 2020, through Jan. 19, 2021)

Compared to the 11th month of the last Iranian year (Jan. 21, through Feb. 19, 2020)

Comparison of the last 12 months (Jan. 21, 2020, through Jan. 19, 2021), with the preceding 12 months (Jan. 21, 2019, through Jan. 19, 2020)

Index

100

393.8

2.5

48.2

34.2

Food and soft drinks

26.64

377.4

5.3

67.2

34.7

Food

25.55

374.4

5.5

67.2

34.3

Bread and grain

6.67

303.1

1.7

64.0

45.6

Meat

5.91

379.9

5.7

57.2

20.8

Poultry

5.14

376.3

5.8

56.6

19.7

Fish

0.77

404.1

4.6

60.6

28.(

Milk, cheese and eggs

2.80

389.3

4.0

79.0

44.8

Oil

1.29

382.3

5.2

99.5

37.4

Fresh fruits, dry fruits

3.43

434.1

6.5

88.2

44.5

Granulated sugar, jams, honey, chocolate, etc.

1.44

345.9

11.7

69.5

37.6

Other products

0.98

340.4

2.7

37.5

14.8

Tea, coffee, cacao, and other soft drinks

1.10

447.8

3.2

67.7

45.1

Tobacco products

0.59

441.7

0.3

54.3

33.0

Clothing and footwear

4.78

320.9

3.4

49.7

36.8

Water, electric power, gas

35.5

211.0

0.0

27.1

24.7

Furniture and household appliances

3.93

401.3

2.9

66.9

43.0

Medical treatment

7.14

232.8

1.7

37.8

28.3

Transport

9.41

367.1

0.6

56.7

65.3

Communication

2.87

179.4

-1.5

21.8

15.1

Entertainment

1.65

382.6

3.9

59.5

39.7

Education

1.86

211.0

0.9

21.8

21.4

Hotel and restaurant

1.44

277.1

4.5

43.3

27.6

Goods and services

4.18

312.4

1.9

48.5

35.5

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