‘Transportation’ Hit 36.7% Inflation: SCI

“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation of 36.7% in the ninth month of the current Iranian year (Nov. 22-Dec. 21).
The group’s month-on-month and year-on-year inflation rates were reported at 4.9% and 34.8% respectively. 
The 12 groups of the basket of consumer goods and services surveyed by the 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 overall annualized inflation in the ninth month to Dec. 21 stood at 45%, according to SCI.
This is the seventh consecutive month the annualized inflation is rising after the government put into effect what it touted as “economic surgery” by abolishing the heavily subsidized import of essential goods.
The overall goods and services Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 563 in the month under review, indicating a month-on-month rise of 1.9% and a year-on-year rise of 48.5%.
The highest and lowest annualized inflation rates were respectively registered for “hotels and restaurants” with 73.9% and “communications” with 7.9%.
The highest and lowest MOM inflation rates were respectively registered for “health and medical treatment” with 8.8% and “food and beverages” with -0.1% month-on-month, respectively.