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Inflation rate in Iran growing

Finance Materials 22 March 2021 13:04 (UTC +04:00)
Inflation rate in Iran growing

BAKU, Azerbaijan, Mar. 22

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 48.7 percent in the 12th month of the last Iranian year (February 19 through March 20, 2021) compared to the same month preceding Iranian year, Trend reports referring to the Statistical Center of Iran.

The statistics show that families spent an average of 48.7 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 66.6 percent in the 12th month, while in the non-food and services sector was 40.5 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 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

Country

1.8

2.5

1.7

5.2

1.8

1.1

City

1.8

2.4

1.9

5.2

1.8

1.0

Village

1.6

3.3

1.2

5.3

1.9

1.5

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

Whole index

Food, soft drinks, and tobacco products

Non-food and services sector

The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021)

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

Country

48.7

48.2

66.6

66.8

40.5

39.7

City

47.8

47.2

66.7

66.6

40.1

39.3

Village

533

53.6

66.1

60.3

43.2

42.6

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to the 11th month of the last Iranian year (Jan. 20 through Feb. 18, 2021)

Compared to the 12th month of the preceding Iranian year (Feb. 19, through Mar. 19, 2020)

Comparison of the last 12 months (Mar. 20, 2020 through Mar. 20, 2021), with the preceding 12 months (Mar. 21, 2019 through Mar. 19, 2020)

Index

100

298.1

1.8

48.7

36.4

Food and soft drinks

26.64

384.1

1.8

67.0

39.1

Food

25.55

380.9

1.7

66.8

38.7

Bread and grain

6.67

308.0

1.6

64.3

48.5

Meat

5.91

408.5

7.5

62.2

26.2

Poultry

5.14

406.5

8.0

61.7

25.2

Fish

0.77

421.5

4.3

65.8

33.2

Milk, cheese and eggs

2.80

392.3

0.8

79.4

49.3

Oil

1.29

396.5

3.7

105.9

45.1

Fresh fruits, dry fruits

3.43

430.8

-0.8

84.2

50.2

Granulated sugar, jams, honey, chocolate, etc.

1.44

365.1

5.5

72.1

41.6

Other products

0.98

347.6

2.1

39.6

17.4

Tea, coffee, cacao, and other soft drinks

1.10

459.1

2.5

70.6

47.7

Tobacco products

0.59

443.6

0.4

51.7

36.6

Clothing and footwear

4.78

336.0

4.7

52.1

38.7

Water, electric power, gas

35.5

214.1

1.5

28.4

25.3

Furniture and household appliances

3.93

412.6

2.8

68.3

46.5

Medical treatment

7.14

238.0

2.3

40.2

29.9

Transport

9.41

370.4

0.9

54.0

65.6

Communication

2.87

179.2

-0.1

20.3

16.5

Entertainment

1.65

390.4

2.0

60.1

42.5

Education

1.86

211.4

0.2

22.0

21.5

Hotel and restaurant

1.44

290.2

4.7

49.1

29.7

Goods and services

4.18

317.6

1.6

47.8

37.4

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