The Consumer Price Index of “communications” stood at 179.2 in the 12th month of the fiscal 2020-21 (Feb. 19-March 20), indicating a 0.1% decline compared with the month before.
In fact, “communications” was the only group among the 12 groups of the basket of consumer goods and services purchased by households that saw a month-on-month price decrease, latest data released by the Statistical Center of Iran show.
The index, with a coefficient of 2.87%, registered a year-on-year increase of 20.3%.
The group’s average annual inflation stood at 16.5%.
The 12 groups of the basket of consumer goods and services purchased by households surveyed by SCI include "food and beverages" with a coefficient of 26.64%, "tobacco" with a coefficient of 0.59%, "clothing and shoes" with a coefficient of 4.78%, "housing, water, electricity, natural gas and other fuels" with a coefficient of 35.5% (highest), "furniture, home appliances and their maintenance" with a coefficient of 3.93%, "health and treatment" with a coefficient of 7.14%, "transportation" with a coefficient of 9.41%, "communications" with a coefficient of 2.87%, "leisure and culture" with a coefficient of 1.65%, "education" with a coefficient of 1.86%, "hotels and restaurants" with a coefficient of 1.44%, and "miscellaneous items and services" with a coefficient of 4.18%.
The average goods and services Consumer Price Index in the 12-month period ending March 20 increased by 36.4% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on Feb. 18, at 34.2%.
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 year-on-year inflation of the month ending Feb. 18 was at 48.2%.
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. The month-on-month consumer inflation was 2.5% for the 11th month.
SCI put average annual inflation for urban and rural areas for the fiscal 2020-21 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.
The highest monthly growth in the index among 12 groups of the basket of consumer goods and services purchased by households in the Iranian month ending March 20 was recorded for two groups of “clothing and shoes” and “hotels and restaurants” with 4.7% while a monthly deflation of 0.1% was posted by “communications” group.
The highest year-on-year inflation in the month under review was posted for “furniture, home appliances and their maintenance” with 68.3% while the lowest YOY inflation was registered for “communication” groups with 20.3%.
The highest and lowest average annual inflation rates were registered for “transportation” with 65.6% and “communications” with 16.5%.
