National Consumer Price Index by Expenditure Deciles: in the Month of Aban of the year 1398
National Consumer Price Index by Expenditure Deciles: in the Month of Aban[1] of the year 1398[2]
The national inflation rate for the month of Aban of the year 1398 stood at 41.1 percent, fluctuating between 40.7 percent for the first decile (those with the lowest income) and 42.7 percent for the tenth decile (those with the highest income) among the expenditure deciles. The range of the twelve-month inflation changes in the major group of "food, beverages and tobacco" was between 53.6 percent for the first decile and 61.5 percent for the tenth decile. The major group of "non-food items and services” also saw these fluctuations ranging from 29.8 percent for the first decile to 38.5 percent for the tenth decile[3].
Inflationary gap in deciles
According to the inflation rates for the expenditure deciles, the deciles inflationary gap in this month stood at 2.0 percent showing a decrease of 0.2 percentage point compared with the previous month (2.2 percent). The inflationary gap for the major groups of "food, beverages and tobacco” increased by 0.2 percentage point and for the major groups "non-food items and services" decreased by 1.1 percentage points in contrast to the previous month.
Please see the attachment for more information.
[1] . Iranian months and their equivalent in Gregorian calendar
Farvardin (21 March-20April) Mehr (23 September-22 October)
Ordibehesht (21 April-21 May) Aban (23 October-21 November)
Khordad (22 May-21 June) Azar (22 November-21 December)
Tir (22 June-22 July) Dey (22 December-20 January)
Mordad (23 July-22 August) Bahman (21 January-19 February)
Shahrivar (23 August-22 September) Esfand (20 February-20 March)
[2]- It is the Iranian year which usually begins on the day of 21 March of the Gregorian calendar. To find the corresponding year of the Gregorian calendar, add 621 or 622 (depending on the time of the year) to a solar Hijri year. For example, the corresponding year of the year 1398 in the Gregorian calendar is (23 October -21 November 2019).
[3] - Figures are rounded up to a decimal point.