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‘Communications’ Registers Lowest Annualized Inflation With 8.8%

‘Communications’ Registers Lowest Annualized Inflation With 8.8%
‘Communications’ Registers Lowest Annualized Inflation With 8.8%

“Communications”, 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 8.8% in the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20) — the lowest among the groups under review.
The month-on-month and year-on-year inflation rates of the group reached 2.7% and 8.8% respectively. The YOY inflation of the group was also the lowest among all the 12 categories surveyed.
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%, “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%.

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