The Statistical Center of Iran’s latest report reviewing inflation rates in the country’s 31 provinces shows the growth in Consumer Price Index in the current Iranian year’s second month (April 21-May 21) was the highest (5.4%) for Sistan-Baluchestan and Alborz provinces compared with the previous month, while Khuzestan Province posted the lowest month-on-month inflation during the month under review with 0.7%.
The overall CPI, using the Iranian year to March 2017 as the base year, stood at 429.6 in the month to May 21, indicating a 3.5% rise compared with the previous month.
Mazandaran’s goods and services consumer inflation registered a rise of 45.7% during the month ending May 21 compared with the similar month of the year before, the highest among all provinces. The year-on-year CPI growth was the lowest for Sistan-Baluchestan Province with 32.6%, compared with that of other Iranian provinces.
The overall goods and services CPI in Iran registered a year-on-year increase of 39.3% in the same month.
The average goods and services CPI in Iran for the 12-month period ending May 21 increased by 38.7% compared with the preceding year’s corresponding period.
Kohgilouyeh-Boyerahmad registered the highest average annual inflation with 46.7% while Sistan-Baluchestan posted the lowest at 33.6%.
Urban Households
The overall CPI calculated for urban areas stood at 424.4 during the second month of the current Iranian year, indicating a 3.7% rise compared with the previous month.
The growth in CPI measured for provincial urban households compared with the previous month was the highest (5.8%) for Sistan-Baluchestan while Khuzestan recorded the lowest monthly inflation rate with an increase of 0.9% compared with other provinces.
The index registered a year-on-year increase of 39.2% for urban areas. Goods and services CPI of Mazandaran’s urban areas registered a year-on-year rise of 45.1% during the month under review, the highest among all provinces. The CPI increase in urban areas was the lowest for Sistan-Baluchestan and Khuzestan with 33.5% YOY.
The average CPI in urban areas for the month under review increased by 38.3% compared with the same period of last year. Households living in the urban areas of Kohgilouyeh-Boyerahmad experienced the highest annual inflation (with 45%) while those of Sistan-Baluchestan witnessed the lowest annual inflation (33.5%) among all Iranian provinces.
Rural Households
The overall CPI calculated for rural areas stood at 459.2 in the month under review, which indicates a 2.8% increase compared with the previous month.
The growth in CPI of rural households compared with the previous month was highest for Hormozgan with 9.2%. This is while rural households living in Zanjan saw a 1.3% decline in the prices of goods and services compared with the month before, the lowest rate compared with other provinces.
The index registered an average year-on-year increase of 40.1% for rural areas in the same month. CPI of Kohgilouyeh-Boyerahmad Province’s rural areas registered a YOY increase of 47.8% during the second month of the Iranian year, the highest among all provinces, whereas the year-on-year CPI increase was the lowest for Sistan-Baluchestan with 30.6% compared with other provincial rural areas.
The average goods and services CPI of rural areas in the month under review increased by 40.8% year-on-year.
Kohgilouyeh-Boyerahmad registered the highest annual inflation in rural areas (50.3%) while Hamedan posted the lowest annual inflation rate (33%).
Tehran Province
The average goods and services CPI in the 12-month period ending May 21 for Tehran Province, wherein lies the capital city, increased by 36.7% compared with the corresponding period of last year.
SCI had put Tehran’s average annual inflation rate for the preceding Iranian month, which ended on April 20, at 36.8%.
The consumer inflation for the month under review registered an increase of 40.1% year-on-year while it was 35.1% in the preceding month.
CPI (using the Iranian year to March 2017 as the base year) of Tehran Province stood at 432.8 in the month to May 21, indicating a 4.6% rise compared with the month before. Month-on-month consumer inflation was 2.6% for the preceding month.
SCI put Tehran Province’s urban and rural 12-month inflation rates for the month under review at 36.7% and 38%, respectively.
CPI registered a year-on-year increase of 40.1% for urban areas and 38.6% for rural areas in the month under review.
The overall CPI reached 432.7 for urban households and 438.9 for rural households, indicating a month-on-month increase of 4.6% for urban areas and 5% for rural areas.
