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Inflation rate in Iran grows

Finance Materials 22 June 2021 17:29 (UTC +04:00)

BAKU, Azerbaijan, Jun. 22

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 47.6 percent in the 3rd month of the current Iranian year (May 22 through June 21, 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 47.6 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 62.3 percent in the 3rd month, while in the non-food and services sector was 40.8 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 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

The 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

The 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

Country

2.5

0.7

3.2

-0.8

2.2

1.6

City

2.5

0.7

3.2

-0.8

2.2

1.5

Village

2.6

0.7

2.9

-0.7

2.3

2.0

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

Whole index

Food, soft drinks, and tobacco products

Non-food and services sector

The 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

The 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

The 3rd month of the current Iranian year (May 22 through June 21, 2021)

The 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

Country

47.6

46.9

62.3

61.1

40.8

40.3

City

46.9

46.1

62.9

61.5

40.2

39.7

Village

51.5

51.0

59.9

59.4

44.8

44.3

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to the 2nd month of the current Iranian year (Apr. 21 through May 21, 2021)

Compared to the 3rd month of the last Iranian year (May 21 through June 20, 2020)

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

Index

100

316.2

2.5

47.6

43.0

Food and soft drinks

26.64

404.3

3.2

62.7

51.8

Food

25.55

399.6

3.2

61.9

51.5

Bread and grain

6.67

325.5

2.0

50.7

55.0

Meat

5.91

434.8

1.4

69.0

44.8

Poultry

5.14

431.9

1.2

68.3

44.2

Fish

0.77

453.9

2.2

74.0

48.6

Milk, cheese and eggs

2.80

400.7

2.5

78.2

61.0

Oils

1.29

419.8

2.7

112.7

69.9

Fresh fruits, dry fruits

3.43

429.4

5.9

40.2

57.4

Granulated sugar, jams, honey, chocolate, etc.

1.44

409.2

3.4

69.7

55.0

Other products

0.98

368.4

1.8

45.3

44.7

Tea, coffee, cacao, and other soft drinks

1.10

511.8

3.3

79.6

57.6

Tobacco products

0.59

471.7

1.8

45.3

44.7

Clothing and footwear

4.78

371.5

4.2

57.5

45.8

Water, electric power, gas

35.5

222.0

1.4

28.5

27.1

Furniture and household appliances

3.93

445.1

2.4

66.0

56.8

Medical treatment

7.14

259.0

2.7

42.9

35.1

Transport

9.41

398.6

2.9

50.4

64.8

Communication

2.87

176.2

-0.7

11.8

18.7

Entertainment

1.65

412.7

2.2

55.2

50.3

Education

1.86

215.3

0.6

23.7

22.3

Hotel and restaurant

1.44

325.5

3.0

61.5

40.3

Goods and services

4.18

359.7

3.0

50.5

44.5

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