The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food commodities during the month ending May 21.
The biggest month-on-month price rise for a food item in urban areas during the month under review was recorded for soft drinks with 7.9%, as 1,500 milliliters of soft drinks were sold at 106,430 rials (44 cents).
The second and third biggest month-on-month price increase during the period under review was registered for chickpea with 7.6% and carrot with 6.9%, the Statistical Center of Iran reported.
A kilogram of chickpea was sold at 320,383 rials ($1.3) and a kilogram of carrot went for 84,731 rials (35 cents) last month.
Fourteen out of 53 food items examined by SCI this month saw a price decline in the second Iranian month (April 21-May 21) compared with the month before.
Persian melon with 38.3%, watermelons with 29.6% and cucumbers with 22.8% were three items with the highest month-on-month deflations. A kilogram of Persian melon was sold at 80,149 rials (33 cents), a kilogram of watermelon cost 40,795 rials (17 cents) and a kilogram of cucumbers went for 87,204 rials (36 cents).
Compared with the same month of the year before, the retail prices for carrot during the month increased by 173.7%, registering the highest year-on-year price rise for a food item last month.
The second and third biggest year-on-year price rise in the same month among food items was registered for hydrogenated vegetable oil with 141.5% and chicken with 134.1%. A kilogram of hydrogenated vegetable oil and chicken was sold at 223,071 rials (93 cents) and 258,819 rials ($1.07), respectively.
Year-on-year price deflation was registered for one item: limes with a year-on-year deflation of 26.5%. A kilogram of limes was sold at 262,433 rials ($1.09).
The overall average goods and services Consumer Price Index in the 12-month period ending May 21, which marks the end of the second Iranian month of the fiscal 2021-22, increased by 41% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on April 20, at 38.9%.
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 year-on-year inflation of the month ending April 20 was 49.5%.
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. Month-on-month consumer inflation was 2.7% for the preceding month.
SCI put urban and rural 12-month inflation 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.
The highest monthly growth in the index among 12 groups of the basket of consumer goods and services purchased by households in the Iranian month ending May 21 was recorded for tobacco with 3.1% while communications posted the deflation of 1.5%.
The highest year-on-year inflation in the month under review was posted for furniture, home appliances and their maintenance with 67.6% while the lowest YOY inflation was registered for communication with 13.8%.
The highest and lowest annual inflation were registered for transportation with 65.1% and communications with 18.3%.
With a coefficient of 26.64%, the CPI of food and beverages for all Iranian households stood at 391.8 in the month ending May 21, indicating a 0.9% decrease compared with the month before. The same index registered a year-on-year increase of 61.5%.
The CPI of food and beverage group increased by 47.8% in the 12-month period ending May 21 compared with last year’s corresponding period.
