Rich-Poor Inflation Gap at 9.2%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 9.2% in the 11th Iranian month (Jan. 20-Feb. 18), indicating a 0.3 percentage point decline compared with the previous month (9.5%). 
The inflation gap in “food, beverages and tobacco” group among income deciles increased by 0.2 percentage points and that of “non-food and services” group widened by 0.7 percentage point compared with the month before. 
The average goods and services Consumer Price Index in the 12-month period ending Feb. 18 increased 32% for the first decile (those with the lowest income) while it grew 41.3% for the 10th decile (those with the highest income). 
The “food, beverages and tobacco” inflation increased by 36.5% for the first decile and 32.3% for the 10th group. “Non-food and services” inflation grew by 27.7% for the first decile and by 43.6% for the 10th decile.