Rich-Poor Inflation Gap Widening

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 9.8% in the 11th month of the current Iranian year (Jan. 21-Feb. 19), up 0.2 percentage points compared to the previous month. 
The inflation gap in “food, beverages and tobacco” group among income deciles grew 0.1 percentage points and that of “non-food and services” group increased by 0.4 percentage points from the previous month. 
Average goods and services Consumer Price Index in the 12-month period ending Feb. 19 jumped by 54.9% for the first decile (the lowest income) and 45.1% for the 10th decile (the highest income). 
The annualized inflation of “food, beverages and tobacco” stood at 71.3% for the first decile and 66.4% for the 10th decile. “Non-food and services” inflation was reported at 35.1% for the first decile and 39.4% for the 10th.