Rich-Poor Inflation Gap Sizable

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 7.8% in the sixth month of the current Iranian year (Aug. 23-Sept. 22), up 0.8 percentage points compared to 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 declined by 0.1 percentage points compared with the previous month. 
The average goods and services Consumer Price Index in the 12-month period ending Sept. 22 increased by 47.6% for the first decile (those with the lowest income) and grew by 39.8% for the 10th decile (those with the highest income). 
The annual inflation of “food, beverages and tobacco” stood at 60.7% for the first decile and 58.6% for the 10th decile. “Non-food and services” inflation was reported at 32.4% for the first decile and 35% for the 10th decile.