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Annual Inflation Rate of Hotels & Restaurants at 36%

Annual Inflation Rate of  Hotels & Restaurants at 36%
Annual Inflation Rate of  Hotels & Restaurants at 36%

The average goods and services Consumer Price Index of “hotels and restaurants” in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased by 36%, the Statistical Center of Iran reported.
The CPI of the group stood at 316.1, indicating a 2.6% growth compared with the month before. 
The index, with a coefficient of 1.44%, registered a year-on-year increase of 60.8%. 
The overall average goods and services Consumer Price Index in the 12-month period ending May 21 increased by 41% compared with the corresponding period of the year before. 
The consumer inflation for the month under review (April 21-May 21) registered an increase of 46.9% compared with the similar month of the previous Iranian year. 
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 308.4, indicating a 0.7% rise compared with the month before. 
SCI put the annual inflation rate in urban and rural areas for the month under review at 40.5% and 43.2%, respectively. 
CPI registered a year-on-year increase of 46.1% for urban areas and 51% for rural areas in the month ending May 21. 
The overall CPI reached 304.9 for urban households and 327.8 for rural households, indicating a month-on-month increase of 0.7% for both.
 

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