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Furniture, Home Appliances Register 34.2% Inflation

Furniture, Home Appliances Register 34.2% Inflation
Furniture, Home Appliances Register 34.2% Inflation

“Furniture, home appliances and their maintenance”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 34.2% in the seventh month of the current Iranian year (Sept. 23-Oct. 22).
The group’s month-on-month and year-on-year inflation rates reached 1.6% and 34.9% respectively.
The 12 groups of the basket of consumer goods and services surveyed by 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%.
For the month under review, the highest and lowest annualized inflation rates were respectively registered for “hotels and restaurants” with 71.1% and “communications” with 6.5%.
The highest MOM inflation rates were registered for “education” with 15% and “communications” at 1% month-on-month. 
“Hotels and restaurants” with 81% and “communications” with 10.3% saw the highest and lowest YOY inflation respectively.
 

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