Domestic Economy
0

Rich-Poor Divide Rises to 3%

Rich-Poor Divide Rises to 3%
Rich-Poor Divide Rises to 3%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles increased 0.1% to reach 3% in the Iranian month ending June 21 compared with the previous month’s 2.9%. 
The average goods and services Consumer Price Index in the 12-month period ending June 21 increased by 37.1% for the first decile (those with the lowest income) whereas it rose by 40.2% for the 10th decile (those with the highest income). 
The second and third deciles saw their 12-month average inflation rates grow by 38.3% 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