• Domestic Economy

    ‘Health, Treatment’ Inflation at 39%

    The average goods and services Consumer Price Index of “health and treatment”” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, grew by 39.4% compared with the corresponding period of the year before.

    The CPI of the group stood at 311.6 in the month, indicating a 1.3% increase compared with the month before. 

    The index, with a coefficient of 7.14%, registered an increase of 33.9% compared with the similar month of last year, according to the Statistical Center of Iran.

    The general CPI in the 12-month period ending Feb. 19 increased by 41.4% year-on-year, marking the fourth consecutive month of decline.

    The consumer inflation for the month under review (Jan. 21-Feb. 19) registered an increase of 35.4% 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 396.4 for the month ending Feb. 19, indicating a 2.1% rise compared with the month before.

    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 Feb. 19 was recorded for “food and beverages” with 3.9% and “communications” with -0.1%. 

    The highest year-on-year inflation in the month under review was posted for “hotels and restaurants” with 59.7% while the lowest YOY inflation was registered for “communications” with 3.8%. 

    The highest and lowest annualized inflation rates were registered for “hotels and restaurants” with 61.2% and “communications” with 7.6%.