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With 10.7%, ’Communication’ Registers Lowest Inflation

With 10.7%, ’Communication’ Registers Lowest Inflation
With 10.7%, ’Communication’ Registers Lowest Inflation

The average goods and services Consumer Price Index of “communications" in the 12-month period ending Dec. 21 increased by 10.7% to register the lowest annualized inflation among 12 groups of goods and services reviewed by the Statistical Center of Iran on a monthly basis.
The CPI of the group stood at 186.1 in the month to Dec. 21, indicating a 1% rise compared with the month before. 
The index, with a coefficient of 2.87%, registered a year-on-year increase of 2.3%.
Apart from communications, the 12 groups of the basket of consumer goods and services purchased by households surveyed by SCI include "food and beverage" with a coefficient of 26.64%, "tobacco" with 0.59%, "clothing and shoes" with 4.78%, "housing, water, electricity, natural gas and other fuels" with 35.5% (highest), "furniture, home appliances and their maintenance" with 3.93%, "health and treatment" with 7.14%, "transportation" with 9.41%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44% and "miscellaneous items and services" with 4.18%.
New data released by SCI show the general annualized inflation has maintained the downtrend for the third consecutive month.
The average goods and services CPI in the 12-month period ending Dec. 21 increased by 43.4% compared with the corresponding period of the year before. 
The consumer inflation for the month under review (Nov. 22-Dec. 21) registered an increase of 35.2% 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 379.2 for the month ending Dec. 21, indicating a 1.7% rise compared with the month before.
 

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