Domestic Economy
0

Transportation Experiences Highest Annual Inflation

Transportation Experiences Highest Annual Inflation
Transportation Experiences Highest Annual Inflation

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending April 20, which marks the end of the first Iranian month of fiscal 2021-22, increased by 65.9% compared with the similar period of the year before.
According to the Statistical Center of Iran, this marked the highest rise among 12 groups of the basket of consumer goods and services purchased by households. 
With a coefficient of 9.41%, the CPI of the group stood at 379.7, indicating a 2.5% increase compared with the month before. The index registered a year-on-year increase of 56.3%. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com