Housing, Utilities Register 29.5 Percent Inflation: SCI

“Housing and utilities (water, electricity, natural gas and other fuels)”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 29.5% 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 5.5% and 33.4% 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%, “housing and 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%.