Domestic Economy
0

Iran's Rich-Poor Inflation Gap at 2.4%

Iran's Rich-Poor Inflation Gap at 2.4%
Iran's Rich-Poor Inflation Gap at 2.4%

The inflation gap measured by the Statistical Center of Iran between the first income decile (those with the lowest income) and the 10th decile (those with the highest income) increased 0.4% to reach 2.4% in the Iranian month Azar (Nov. 22-Dec. 21) compared with the previous month’s 2%.
The average goods and services Consumer Price Index in the 12-month period ending Dec. 21 increased by 17.1% for the first decile whereas it rose by 19.5% for the 10th decile. 
The fourth and fifth deciles saw their 12-month average inflation rate grow by 18.1% compared with last year’s corresponding period. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com