The average goods and services Consumer Price Index of food and beverage in the 12-month period ending March 20, which marks the end of the 12th month of fiscal 2020-21, increased by 39.1% compared with last year’s corresponding period.
According to the Statistical Center of Iran, with a coefficient of 26.64%, the CPI of “food and beverage” among 12 groups of the basket of consumer goods and services purchased by households stood at 384.1 in the month ending March 20, indicating a 1.8% increase compared with the month before.
The food and beverage index registered a year-on-year increase of 67%.
The overall average goods and services CPI in the 12-month period ending March 20 increased by 36.4% compared with the corresponding period of the year before.
The consumer inflation for the month under review (Feb. 19-March 20) registered an increase of 48.7% compared with the similar month of the previous Iranian year.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 298.1 for the month ending March 20, indicating a 1.8% rise compared with the month before.
SCI put average annual inflation in the fiscal 2020-21 for urban and rural areas at 36.2% and 37.7%, respectively.
CPI registered a year-on-year increase of 47.8% for urban areas and 53.3% for rural areas in the month ending March 20.
The overall CPI stood at 294.9 for urban households and 316.1 for rural households, indicating a month-on-month increase of 1.8% and 1.6% for urban and rural areas, respectively.