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SCI Chief Explains Inflation Gap in Income Deciles

SCI Chief Explains Inflation Gap in Income DecilesSCI Chief Explains Inflation Gap in Income Deciles

The bigger share of durable goods (automobiles, household goods, etc.) in the consumer basket of high-income deciles is one of the reasons behind the inflation gap between income deciles, Javad Hosseinzadeh, the head of the Statistical Center of Iran, said. 
The average annual inflation gap among income deciles stood at 6.5% in the sixth Iranian month (Aug. 22-Sept. 21), indicating a 1.1 percentage point increase compared with the previous month.
The inflation gap in food, beverages and tobacco group among income deciles increased by 0.5 percentage points and that of non-food and services group widened by 1.8 percentage point compared with the month before, ILNA reported.

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