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Domestic Economy

Consumer Inflation of Iran's Provinces

Bushehr, Ilam and Kurdestan saw the highest year-on-year, month-on-month and average annual inflation respectively. Hormozgan had the lowest YOY and MOM rates, while Qom experienced the lowest annual average inflation

Bushehr’s goods and services Consumer Price Index registered an increase of 65.3% during the second Iranian month (April 21-May 21) compared with the similar month of last year, the highest among all Iranian provinces.

The year-on-year CPI increase was the lowest for Hormozgan Province with 43.5%, the Statistical Center of Iran reported.  

The overall goods and services CPI in Iran registered a YOY increase of 52.1% in the month. 

The overall CPI calculated for the country (using the Iranian year to March 2017 as the base year) stood at 173.5, indicating a 1.5% rise compared with the previous month. The growth in the overall CPI compared with the previous month (March 21-April 20) was the highest (4.1%) for Ilam and lowest (0.3%) for Hormozgan.   

The average goods and services CPI of the country, in the 12-month period ending May 21, increased by 34.2% year-on-year. 

Kurdestan saw the highest 12-month inflation with 41% while Qom posted the lowest 12-month inflation of 28.6%. 

The annual inflation gap for all Iranian households among provinces was 12.4% in the second Iranian month, indicating a 1.3% increase compared with the month before.

 

 

Urban Households 

The overall CPI calculated for urban areas stood at 172 during the period, indicating a 1.6% rise compared with the previous month. The growth in overall CPI measured for urban households compared with the previous month was the highest (4.2%) for Sistan-Baluchestan and lowest (0.2%) for Hormozgan.   

The index registered an average year-on-year increase of 50.7% for urban areas. Goods and Services Consumer Price Index of the urban areas of Bushehr registered the YOY increase of 64.1% during the month, the highest among all provinces. 

Meanwhile, the YOY increase in CPI for urban areas was the lowest for Hormozgan with 42.4%.

The goods and services CPI for urban areas in the 12-month period ending May 21 increased by 33.7% compared with last year’s corresponding period. Ilam registered the highest 12-month inflation of urban areas with 40.3% while Hormozgan posted the lowest 12-month inflation of 27.9%. Annual inflation gap among urban areas of provinces was 12.4% during the period, indicating a 1.4% increase compared with the month before.

 

 

Rural Households

The overall CPI calculated for rural areas stood at 181.9 in the second Iranian month, indicating a 1% rise compared with the previous month. The growth in the overall CPI of rural areas compared with the previous month was the highest (5.3%) in Ilam Province and lowest (unchanged) in Hamedan Province.   

The index registered an average YOY increase of 59.6% for rural areas. The rural areas of Ilam and Kurdestan’s goods and services Consumer Price Index registered an increase of 70.5% during the second month of the Iranian year, the highest among all provinces. 

CPI’s YOY increase for rural areas was the lowest in Hormozgan with 45.9%.

The goods and services CPI for rural areas in the 12-month period ending May 21 increased by 37.1% compared with last year’s corresponding period. 

Kurdestan registered the highest 12-month inflation of rural areas with 44.6% while Hormozgan and Alborz posted the lowest 12-month inflation of 30.8%. Annual inflation gap among rural areas of provinces was 13.8% during the period, indicating a 0.4% increase compared with the month before.