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Iran sees increase in inflation rate

Finance Materials 28 March 2022 14:21 (UTC +04:00)
Iran sees increase in inflation rate
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 28. The inflation rate in Iran increased by 34.7 percent in the 12th month of the last Iranian year (February 20 through March 20, 2022), compared to the same month preceding the Iranian year, Trend reports referring to the Statistical Center of Iran.

The statistics show that families spent an average of 34.7 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 40.7 percent in the 12th month, while in the non-food and services sector was 31.4 percent, according to the statistics.

“In general, the inflation rate in Iran for the last Iranian year (March 21, 2021 through March 20, 2022) reached 40.2 percent. The highest inflation rate was recorded in Kohgiluyeh and Boyer-Ahmad Province (48.2 percent), while the lowest - in Hamadan Province (36.3 percent),” the statistics said.

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. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

The 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

The 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

Country

1.3

2.1

1.7

3.9

1.1

1.1

City

1.2

2.0

1.7

3.8

1.0

1.1

Village

1.6

2.7

1.7

4.1

1.4

1.4

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 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

The 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

The 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

The 11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022)

Country

34.7

35.4

40.7

40.7

31.4

32.5

City

34.5

35.3

40.9

41.2

31.4

32.4

Village

35.8

35.8

39.9

39.2

32.1

32.7

Price index of consumer goods and services in Iran:

Significance factor

Index

Percentage change

The 12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022)

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

Comparison of the last 12 months (Mar. 21, 2021 through Mar. 20, 2022), with the preceding 12 months (Mar. 20, 2020 through Mar. 20, 2021)

Index

100

401.5

1.3

34.7

40.2

Food and soft drinks

26.64

540.7

1.7

40.8

51.9

Food

25.55

537.9

1.7

41.2

51.8

Bread and grain

6.67

482.3

4.9

56.6

48.1

Meat

5.91

525.5

2.6

28.7

47.3

Poultry

5.14

511.2

2.8

25.8

44.8

Fish

0.77

620.3

1.3

47.2

63.2

Milk, cheese and eggs

2.80

548.3

0.9

39.8

60.6

Oils

1.29

466.8

1.1

17.7

61.0

Fresh fruits, dry fruits

3.43

533.4

-5.4

23.8

45.2

Granulated sugar, jams, honey, chocolate, etc.

1.44

534.3

4.0

46.3

60.4

Other products

0.98

544.3

2.0

56.6

49.9

Tea, coffee, cacao, and other soft drinks

1.10

607.8

1.1

32.4

54.7

Tobacco products

0.59

608.8

2.1

37.2

35.9

Clothing and footwear

4.78

491.7

4.4

46.3

51.3

Water, electric power, gas

35.50

272.4

0.5

27.2

26.8

Furniture and household appliances

3.93

538.6

1.7

30.5

46.5

Medical treatment

7.14

314.2

0.8

32.0

38.7

Transport

9.41

499.3

0.0

34.8

37.5

Communication

2.87

186.4

0.1

4.0

6.4

Entertainment

1.65

497.1

1.1

27.3

39.9

Education

1.86

270.6

0.1

28.0

25.0

Hotel and restaurant

1.44

454.9

2.8

56.7

61.6

Goods and services

4.18

428.1

2.4

34.8

40.8

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