Real Value Household Expenses Deteriorate by 5.4 Percent

The overall inflation-adjusted expenditure of Iranian households in the last fiscal year (March 2019-20) decreased by 5.4% compared with the year before. 
However, when current prices are applied, average household expenditure indicates a surge of 24.5%, the Statistical Center of Iran reported. 
When constant prices are used, Iranian households spent less on nine out of 11 groups of the basket of consumer goods and services in the last fiscal year compared with the year before. The sharpest of such declines was registered for the transportation group with 31.1%. 
Real value spending increased for two groups of "housing, water and fuel" with 7.2% and "communications" with 2.2%.
Households’ spending last year, when constant prices (real value) are used, decreased year-on-year by 11% on "food and beverage" group; 4.1% on "tobacco"; 22.2% on "clothing and shoes"; 19.8% on "furniture, home appliances and their maintenance"; 7.5% on "health and treatment"; 31.1% on "transportation"; 28.4% on "leisure and culture"; 23.5% on "hotels and restaurants" and 8.1% on "miscellaneous items and services".