Domestic Economy
0

Inflation Gap Between Income Deciles Widens

Inflation Gap Between Income Deciles Widens
Inflation Gap Between Income Deciles Widens

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.4% in the ninth Iranian month (Nov. 22-Dec. 21), indicating a 0.2 percentage point increase compared with the previous month’s 3.2%. 
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 1.8 percentage points compared with the previous month. 
The average goods and services Consumer Price Index in the 12-month period ending Dec. 21 increased by 46.1% for the first decile (those with the lowest income) while it grew by 43% 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