The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month of the fiscal 2021-22, increased by 51.1% compared with last year’s corresponding period.
According to the Statistical Center of Iran, with a coefficient of 4.78%, the CPI of the group stood at 406.5 in the month to Sept. 22, indicating a 2.8% increase compared with the month before.
The “clothing and shoes” index registered a year-on-year increase of 53.9% during the month under review.
Latest data released by SCI show the rising inflation in Iran has kept its upward momentum in the month under review (Aug. 23-Sept. 22).
The overall average goods and services CPI in the 12-month period ending Sept. 22 increased by 45.8% compared with the corresponding period of the year before, registering a new high.
The consumer inflation registered an increase of 43.7% 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 351.1, indicating a 3.9% rise compared with the month before.
SCI put average inflation for urban and rural areas at 45.1% and 49.7%, respectively.
CPI registered a year-on-year increase of 42.9% for urban areas and 47.8% for rural areas in the month ending Sept. 22.
The overall CPI reached 347.5 for urban households and 370.9 for rural households, indicating a month-on-month increase of 4% and 3.6%, respectively.
The highest and lowest monthly growth in the index among 12 groups of the basket of consumer goods and services purchased by households in the Iranian month ending July 22 was recorded for “food and beverage” group with 5.1% and “communications” group with 1.3%.
The highest year-on-year inflation in the month under review was posted for “hotels and restaurants” with 65.6%, while the lowest YOY inflation was registered for “communications” with 5.5%.
The highest and lowest annualized inflation was registered for “furniture, home appliances and their maintenance” with 60.9% and “communications” with 16.8%.
