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SCI: Rich-Poor Inflation Gap at 8.9%

SCI: Rich-Poor Inflation Gap at 8.9%SCI: Rich-Poor Inflation Gap at 8.9%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 8.9% in the eighth Iranian month (Oct. 22-Nov. 20), indicating a 0.8 percentage point increase compared with the previous month. 
The inflation gap in “food, beverages and tobacco” group among income deciles increased by 1.2 percentage points and that of “non-food and services” group widened by 2.4 percentage point compared with the month before. 
The average goods and services Consumer Price Index in the 12-month period ending Nov. 20 increased by 26.3% for the first decile (those with the lowest income) while it grew 35.2% for the 10th decile (those with the highest income), ILNA reported. 
“Food, beverages and tobacco” group inflation increased by 26.6% for the first decile and 23.1% for the 10th group, while “non-food and services” group inflation grew by 25.9% for the first decile and 38.3% for the 10th group.

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