Food Inflation Hit 61.8%: SCI

“Food and beverages”, one of the  12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 61.8% in the eighth month of the current Iranian year (Oct. 23-Nov. 21).
The group’s month-on-month and year-on-year inflation rates reached 1.3% and 68.4% respectively, new data released by the Statistical Center of Iran show.
The 12 groups of the basket of consumer goods and services surveyed by SCI include "food and beverages" with a coefficient of 26.64%, "tobacco" with 0.59%, "clothing and shoes" with 4.78%, “housing and utilities" with 35.5% (highest), "furniture, home appliances and their maintenance" with 3.93%, "health and treatment" with 7.14%, "transportation" with 9.41%, "communications" with 2.87%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44% and "miscellaneous items and services" with 4.18%.
The general average annualized inflation in the month to Nov. 21 stood at 44%, according to SCI.