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Inflation rate in Iran climbs

Finance Materials 23 August 2021 16:00 (UTC +04:00)
Inflation rate in Iran climbs

BAKU, Azerbaijan, Aug. 23

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 43.2 percent in the 5th month of the current Iranian year (July 23 through August 22, 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 43.2 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 58.4 percent in the 5th month, while in the non-food and services sector was 36.1 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 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

The 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

The 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

Country

3.2

3.5

4.6

3.1

2.4

3.8

City

3.2

3.6

4.7

3.2

2.4

3.8

Village

3.2

3.2

4.2

2.9

2.3

3.4

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

Whole index

Food, soft drinks, and tobacco products

Non-food and services sector

The 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

The 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

The 5th month of the current Iranian year (July 23 through Aug. 22, 2021)

The 4th month of the current Iranian year (June 22 through July 22, 2021)

Country

43.2

43.6

58.4

56.9

36.1

37.4

City

42.4

42.9

59.1

57.6

35.4

36.7

Village

47.7

47.7

56.1

54.2

40.8

42.4

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

Compared to the 4th month of the current Iranian year (June 22 through July 22, 2021)

Compared to the 5th month of the last Iranian year (July 22 through Aug. 21, 2020)

Comparison of the last 12 months (Aug. 22, 2020 through Aug. 22, 2021), with the preceding 12 months (Aug. 23, 2019 through Aug. 21, 2020)

Index

100

337.8

3.2

43.2

45.2

Food and soft drinks

26.64

436.5

4.6

59.2

57.4

Food

25.55

431.8

4.7

58.6

57.1

Bread and grain

6.67

350.7

5.8

45.0

55.0

Meat

5.91

467.6

5.5

56.9

52.4

Poultry

5.14

463.2

5.6

54.5

51.5

Fish

0.77

496.8

5.4

73.7

58.7

Milk, cheese and eggs

2.80

440.5

5.9

67.5

66.5

Oils

1.29

427.3

0.8

102.0

85.9

Fresh fruits, dry fruits

3.43

465.7

1.8

47.8

59.4

Granulated sugar, jams, honey, chocolate, etc.

1.44

435.6

2.9

62.9

60.2

Other products

0.98

391.9

3.8

43.2

33.5

Tea, coffee, cacao, and other soft drinks

1.10

547.5

3.3

70.7

63.9

Tobacco products

0.59

486.4

1.7

32.4

45.5

Clothing and footwear

4.78

395.3

2.9

54.8

49.5

Water, electric power, gas

35.5

235.8

2.2

24.3

27.0

Furniture and household appliances

3.93

466.2

2.4

54.2

60.2

Medical treatment

7.14

278.9

1.3

43.7

38.5

Transport

9.41

430.3

3.6

44.3

61.3

Communication

2.87

178.1

1.0

7.3

17.8

Entertainment

1.65

432.5

2.1

45.2

52.3

Education

1.86

221.1

1.0

20.3

22.0

Hotel and restaurant

1.44

360.9

3.8

63.1

47.2

Goods and services

4.18

374.5

2.0

42.8

46.3

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Follow the author on Twitter: @BaghishovElnu

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