Rich-Poor Inflation Gap at 8.8%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 8.8% in the 12th Iranian month (Feb. 19-March 20), indicating a 0.4 percentage point decrease compared with the previous month (9.2%). 
The inflation gap in “food, beverages and tobacco” group among income deciles increased by 0.2 percentage points and that of “non-food and services” group widened by 0.7 percentage point compared with the month before. 
The average goods and services Consumer Price Index in the 12-month period ending March 20 increased by 34.6% for the first decile (those with the lowest income) while it grew by 43.5% for the 10th decile (those with the highest income).