Domestic Economy

‘Tobacco’ Inflation Hit 44.7%

‘Tobacco’ Inflation Hit 44.7%
‘Tobacco’ Inflation Hit 44.7%

The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending June 21, which marks the end of the third Iranian month of fiscal 2021-22, increased by 44.7% compared with the corresponding period of the year before.
The CPI of the group stood at 471.7 for the month ending June 21, indicating a 1.8% rise compared with the month before. 
The tobacco index, which has minimum impact on total inflation rate with a coefficient of 0.59%, registered a year-on-year increase of 45.3%, according to the Statistical Center of Iran.
The 12 groups of the basket of consumer goods and services purchased by households surveyed by the SCI include "food and beverages" with a coefficient of 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%, "communications" with 2.87%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44% and "miscellaneous items and services" with 4.18%.

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