Inflation Gap Among Income Deciles at 3.4%: SCI

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.4% in the second Iranian month (April 21-May 21), down 0.2 percentage points from the previous month. 
The inflation gap in “food, beverages and tobacco” group among income deciles grew by 0.5 percentage points and that of “non-food and services” group grew by 0.2 percentage points compared with the previous month. 
The average goods and services Consumer Price Index in the 12-month period ending May 21 increased by 41.2% for the first decile (those with the lowest income) as well as the 10th decile (those with the highest income). 
The annual inflation of “food, beverages and tobacco” surged by 49.5% for the first decile and 51% for the 10th decile. “Non-food and services” inflation grew by 31.5% for the first decile and 38.7% for the 10th decile.