Rich-Poor Inflation Gap at 6.2%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 6.2% in the fourth Iranian month (June 22-July 22), indicating a 0.6 percentage point decrease compared with the previous month (6.8%). 
The inflation gap in “food, beverages and tobacco” group among income deciles decreased by 0.5 percentage points and that of “non-food and services” group reduced by 0.6 percentage point compared with the month before. 
The average goods and services Consumer Price Index in the 12-month period ending July 22 increased by 44.5% for the first decile (those with the lowest income) while it grew 49.9% for the 10th decile (those with the highest income).