Domestic Economy
0

Rich-Poor Inflation Gap at 4%

Rich-Poor Inflation Gap at 4%
Rich-Poor Inflation Gap at 4%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4% in the sixth Iranian month (Aug. 23-Sept. 22), indicating a 1.4 percentage point decrease compared with the previous month (5.4%). 
The inflation gap in “food, beverages and tobacco” group among income deciles decreased by 0.6 percentage points and that of “non-food and services” group reduced by 1.9 percentage point compared with the previous month. 
The average goods and services Consumer Price Index in the 12-month period ending Sept. 22 increased by 47.3% for the first decile (those with the lowest income) while it grew by 49.4% for the 10th decile (those with the highest income). 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com