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Food Inflation at 51.9% in Fiscal 2021-22

The retail prices of potato increased by 180.5% in the year, registering the highest year-on-year price rise among food items
Food Inflation at 51.9% in Fiscal 2021-22
Food Inflation at 51.9% in Fiscal 2021-22

The average goods and services Consumer Price Index of “food and beverages” in the 12-month period ending March 20, which marks the final day of the fiscal 2021-22, increased by 51.9% compared with the preceding year’s corresponding period.  
With a coefficient of 26.64%, the CPI of the group stood at 540.7 in the month to March 20, indicating a 1.7% increase compared with the previous month. 
The index registered a year-on-year increase of 40.8%, the Statistical Center of Iran reported.
The overall goods and services CPI in the 12-month period ending March 20 increased by 40.2% year-on-year.

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