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Inflation rate in Iran increases

Finance Materials 24 October 2021 17:39 (UTC +04:00)
Inflation rate in Iran increases

BAKU, Azerbaijan, Oct. 24

By Elnur Baghishov – Trend:

The inflation rate in Iran increased by 39.2 percent in the 7th month of the current Iranian year (September 23 through October 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 39.2 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 60.5 percent in the 7th month, while in the non-food and services sector was 29.5 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 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

Country

3.7

3.9

5

5

3

3.3

City

3.6

4.0

5

5.2

3

3.4

Village

4.1

3.6

5.2

4.4

3.1

2.9

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 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

The 7th month of the current Iranian year (Sept. 23 through Oct. 22, 2021)

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

Country

39.2

43.7

60.5

61.6

29.5

35.4

City

38.4

42.9

61.2

62.5

29

34.8

Village

43.9

47.8

57.8

58.4

33

39.2

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

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

Compared to the 7th month of the last Iranian year (Sept. 22 through Oct. 22, 2020)

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

Index

100

364.1

3.7

39.2

45.4

Food and soft drinks

26.64

481.9

5

61.3

61.4

Food

25.55

478

5.2

61.5

61.1

Bread and grain

6.67

386.1

4.7

45

54.1

Meat

5.91

478.9

1.2

52.1

58.4

Poultry

5.14

468.3

0.3

49.3

57.3

Fish

0.77

548.8

6.0

69.6

65.5

Milk, cheese and eggs

2.80

520

7.3

71.9

70.9

Oils

1.29

441.8

1.5

72.6

94.9

Fresh fruits, dry fruits

3.43

552.2

12.2

70.1

61.1

Granulated sugar, jams, honey, chocolate, etc.

1.44

458.7

2.2

62.5

63.6

Other products

0.98

448.6

7.3

51.9

40.0

Tea, coffee, cacao, and other soft drinks

1.10

571.5

1.7

58.1

67.8

Tobacco products

0.59

521.4

4.4

31.5

44.0

Clothing and footwear

4.78

419.8

3.3

50.0

51.8

Water, electric power, gas

35.50

254.6

3.6

25.0

26.8

Furniture and household appliances

3.93

490.4

2.5

44.0

60.0

Medical treatment

7.14

291.4

2.4

37.5

40.4

Transport

9.41

452.1

1.5

19.5

50.1

Communication

2.87

182.4

1.1

1.1

14.7

Entertainment

1.65

453.1

2.8

36.1

51.2

Education

1.86

256.5

13.5

26.3

22.1

Hotel and restaurant

1.44

394.9

5.1

67.3

54.0

Goods and services

4.18

390.8

1.9

36.8

45.9

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Follow the author on Twitter: @BaghishovElnur

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