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Inflation Gap Among Income Deciles at 4.4%: SCI

Inflation Gap Among Income Deciles at 4.4%: SCI
Inflation Gap Among Income Deciles at 4.4%: SCI

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4.4% in the third Iranian month (May 22-June 21), up 1 percentage point from the previous month. 
The inflation gap in “food, beverages and tobacco” group among income deciles declined by 0.1 percentage points and that of “non-food and services” group grew by 0.1 percentage points compared with the previous month. 
The average goods and services Consumer Price Index in the 12-month period ending June 21 increased by 42.7% for the first decile (those with the lowest income) and grew by 38.3% for the 10th decile (those with the highest income). 
The annual inflation of “food, beverages and tobacco” surged by 52.2% for the first decile as well as for the 10th decile. “Non-food and services” inflation grew by 32% for the first decile and 34.8% for the 10th decile.
 

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