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‘Transportation’ Registers Monthly Deflation But Highest YOY Inflation

‘Transportation’ Registers Monthly Deflation But Highest YOY Inflation
‘Transportation’ Registers Monthly Deflation But Highest YOY Inflation

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 63.7% compared with the similar period of the year before.
According to the Statistical Center of Iran, with a coefficient of 9.41%, the CPI of transportation among 12 groups of the basket of consumer goods and services purchased by households stood at 373.9 during the period, indicating a 1.1% decrease compared with the month before and making it the only group that registered deflation.
The transportation index registered a year-on-year increase of 96.5%, making it the highest among the groups under review.

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