With 71.1%, Hotel and Restaurants Register Highest Inflation

“Hotels and restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered 71.1% in average annualized inflation in the seventh month of the current Iranian year (Sept. 23-Oct. 22).
The rate was the highest among the groups under review.
The group’s month-on-month and year-on-year inflation rates were reported at 3.1% and 81% respectively. The YOY rate was also the highest of all.
The 12 groups of the basket of consumer goods and services surveyed by the SCI include "food and beverages" with a coefficient of 26.64%, "tobacco" with 0.59%, "clothing and shoes" with 4.78%, "utilities" 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%.