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Furniture, Home Appliances Show 40 Percent Inflation

Furniture, Home Appliances Show 40 Percent Inflation
Furniture, Home Appliances Show 40 Percent Inflation

The average Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending May 21, which marks the last day of the second Iranian month, increased by 40.4% compared with last year’s corresponding period.
According to the Statistical Center of Iran, the CPI of the group stood at 565 for the month to May 21, up 3.3% against the previous month. 
The group’s CPI registered a year-on-year increase of 30%. 
Apart from “food and beverages”, the 12 groups of goods and services surveyed by SCI on a monthly basis include "tobacco" with 0.59%, "clothing and shoes" with 4.78%, "housing, water, electricity, natural gas and other fuels" with 35.5% (highest), "furniture, home appliances and their maintenance" with 3.93%, "health and treatment" with 7.14%, "transportation" with 9.41%, "communications" with 2.87%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44% and "miscellaneous items and services" with 4.18%.
The general annualized inflation was recorded at 38.7% for the month under review.
The year-on-year and month-on-month CPI rise reached 39.3% and 3.5% respectively.
 

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