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Inflation rate in Iran soars

Finance Materials 26 September 2021 10:56 (UTC +04:00)
Inflation rate in Iran soars

BAKU, Azerbaijan, Sept. 26

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 43.7 percent in the 6th month of the current Iranian year (August 23 through September 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 43.7 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 61.6 percent in the 6th month, while in the non-food and services sector was 35.4 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 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

The 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

The 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

Country

3.9

3.2

5

4.6

3.3

2.4

City

4.0

3.2

5.2

4.7

3.4

2.4

Village

3.6

3.2

4.4

4.2

2.9

2.3

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 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

The 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

The 6th month of the current Iranian year (Aug. 23 through Sept. 22, 2021)

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

Compared to the 6th month of the last Iranian year (Aug. 22 through Sept. 22, 2020)

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

Index

100

351.1

3.9

43.7

45.8

Food and soft drinks

26.64

458.8

5.1

62.4

59.9

Food

25.55

454.3

5.2

62.2

59.5

Bread and grain

6.67

368.8

5.2

47.7

55.0

Meat

5.91

473.3

1.2

56.2

56.0

Poultry

5.14

473.4

1.2

56.2

55.0

Fish

0.77

517.6

4.2

69.8

62.5

Milk, cheese and eggs

2.80

484.5

10.0

72.5

69.1

Oils

1.29

435.2

1.9

97.6

92.5

Fresh fruits, dry fruits

3.43

492.1

5.7

55.0

59.8

Granulated sugar, jams, honey, chocolate, etc.

1.44

449.0

3.1

64.5

62.2

Other products

0.98

418.2

6.7

48.1

36.9

Tea, coffee, cacao, and other soft drinks

1.10

561.8

2.6

66.5

66.6

Tobacco products

0.59

499.6

2.7

34.2

45.2

Clothing and footwear

4.78

406.5

2.8

53.9

51.1

Water, electric power, gas

35.50

245.8

4.2

26.1

26.9

Furniture and household appliances

3.93

478.4

2.6

52.0

60.9

Medical treatment

7.14

284.7

2.1

43.5

39.9

Transport

9.41

445.5

3.5

37.9

57.6

Communication

2.87

180.4

1.3

5.5

16.8

Entertainment

1.65

440.9

2.0

42.1

52.4

Education

1.86

226.0

2.2

18.8

21.4

Hotel and restaurant

1.44

375.9

4.2

65.6

50.6

Goods and services

4.18

383.6

2.4

42.4

46.6

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Follow the author on Twitter: @BaghishovElnur

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