The average goods and services Consumer Price Index of “communications” in the 12-month period ending April 20, which marks the end of the first Iranian month of the fiscal 2021-22, increased by 17.7% compared with the previous year’s corresponding period
As a result, “communications” registered the lowest price rise among 12 groups of the basket of consumer goods and services purchased by households, latest data released by the Statistical Center of Iran show.
The CPI of “communications” stood at 180.2, indicating a 0.5% growth compared with the month before. The index, with a coefficient of 2.87%, registered a year-on-year increase of 19.4%.
Apart from “communications”, the other groups surveyed by SCI include “food and beverages” with 26.64%, “tobacco" with 0.59%, "clothing and shoes" with 4.78%, "housing, water, electricity, natural gas and other fuels" with 35.5% (highest), "furniture, home appliances and their maintenance" with 3.93%, "health and treatment" with 7.14%, "transportation" with 9.41%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44% and "miscellaneous items and services" with 4.18%.
The overall average goods and services Consumer Price Index in the 12-month period ending April 20 increased by 38.9% compared with the corresponding period of the year before.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on March 20, at 36.4%.
The consumer inflation for the month under review (March 21-April 20) registered an increase of 49.5% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending March 20 was 48.7%.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 306.1 for the month to April 20, indicating a 2.7% rise compared with the month before. Month-on-month consumer inflation was at 1.8% for the preceding month.
SCI put average annual inflation for urban and rural areas at 38.6% and 40.6% respectively while CPI registered a respective year-on-year increase of 48.8% and 53% in the month.
The overall CPI reached 302.7 for urban households and 325.4 for rural households, indicating a month-on-month increase of 2.6% and 3% for urban and rural areas, respectively.
