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Education Registers Lowest Monthly Price Inflation

Education Registers Lowest Monthly Price InflationEducation Registers Lowest Monthly Price Inflation

The Consumer Price Index of the education sector stood at 174 in the third month of the current Iranian year, indicating a 0.3% rise compared with the month before.
It marks the lowest monthly rise among 12 groups of the basket of consumer goods and services purchased by households.  
With a coefficient of 1.86%, the CPI of the group registered a year-on-year increase of 20.4%. 
The average annual CPI of the group in the 12-month period ending June 20 increased by 21.5% compared with last year’s corresponding period. 
The overall average goods and services CPI in the 12-month period ending June 20 increased by 27.8% year-on-year, 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 May 20, at 29.8%. 
The consumer inflation for the month under review (May 21-June 20) registered a year-on-year increase of 22.5% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending May 20 was at 21%.
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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