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'Leisure & Culture' Registers Highest Monthly Inflation

'Leisure & Culture' Registers Highest Monthly Inflation
'Leisure & Culture' Registers Highest Monthly Inflation

The Consumer Price Index of "leisure and culture" group, with a coefficient of 1.65%, stood at 284.4 in the month ending July 21, which marks the end of the fourth Iranian month, indicating a 7% rise compared with the month before—the highest monthly growth among 12 groups of the basket of consumer goods and services purchased by households.
According to the Statistical Center of Iran's latest report, the group's index registered a year-on-year increase of 30.1%. 
Leisure and culture's average annual inflation in Tir stood at 32.2%. 
The overall average goods and services Consumer Price Index in the 12-month period ending July 21 increased by 26.4% compared with the corresponding period of last year, latest SCI data show. 
The center had put the average annual inflation rate for the preceding Iranian month, which ended on June 20, at 27.8%. 
The consumer inflation for the month under review (June 21-July 21) registered a year-on-year increase of 26.9% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending June 20 was 22.5%. 
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 227.9 last month, indicating a 6.4% rise compared with the month before. 
SCI put the average annual urban and rural inflation for the month under review at 26.4%. 
CPI registered a year-on-year increase of 27% for urban areas and 25.9% for rural areas in the month ending July 21. 
The overall CPI stood at 226.7 for urban households and 234.9 for rural households, indicating a month-on-month increase of 6.5% and 5.9% for urban and rural areas, respectively.

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