Rich-Poor Inflation Gap Widening

The average annual 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 0.3% to reach 2.7% in the Iranian month Dey (Dec. 22, 2018-Jan. 20) compared with the previous month’s 2.4%. 
The average goods and services Consumer Price Index in the 12-month period ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 19.6% for the first decile whereas it rose by 22.3% for the 10th decile. 
The fourth and fifth deciles saw their 12-month average inflation rate grow by 20.8% compared with last year’s corresponding period. The rate for the second decile increased by 20.5% in Dey, third decile 20.7%, sixth 20.9%, seventh 21.3%, eighth 21.4% and ninth decile 21.6%.