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Utilities Inflation at 22.6%

Utilities Inflation at 22.6%Utilities Inflation at 22.6%

The average Consumer Price Index of utilities (electricity, gas and water) in the 12-month period ending June 20 increased by 22.6% compared with last year’s corresponding period. 
According to the Statistical Center of Iran, CPI stood at 172.7 for the month, indicating a 1.4% increase compared with the month before. 
The group’s index, which has the biggest impact on total inflation rate with a coefficient of 35.5%, registered a year-on-year increase of 21.7%. 
The overall average annual inflation stood at 27.8% in May 21-June 20. 
The consumer inflation for the month registered a year-on-year increase of 22.5% 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 214.2 for the month, indicating a 2% rise compared with the month before. 
CPI registered a year-on-year increase of 22.7% for urban areas and 21.1% for rural areas in the month ending June 20. 
The overall CPI reached 212.8 for urban households and 221.9 for rural households, indicating a month-on-month increase of 2% and 2.2% for urban and rural areas, respectively.
SCI put average annual inflation for urban and rural areas at 27.7% and 28.2% respectively. 
 

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