Consumer Price Index in the Month of Farvardin of the Year 1398[1]

 Increase in All Households Inflation Rate

The general index (base year: 1395=100) stood at 170.9 in the month of Farvardin[2] of the year 1398 indicating a 4.0 percent rise compared with the previous month. In this month, the percentage change in the general index was 51.4 percent in contrast to the corresponding month of the previous year, that is to say that the national households spent, on average, 51.4 percent higher than the month of Farvardin in the year 1397 for purchasing “the same goods and services”, which increased by 3.9 percentage points over the previous month (47.5 percent). The twelve-month inflation rate ending the month of Farvardin of the year 1398 reached 30.6 percent which rose by 3.7 percentage points over the same information in the previous month (26.9 percent).

The CPI for the major groups of "food, beverages and tobacco" and "non-food items and services" increased by 8.8 and 1.6 percent, respectively in contrast to the previous month. The percentage changes in prices in the current month for these two groups were 85.3 and 37.8 percent compared with the month of Farvardin in the year 1397, respectively.

Increase in All Urban Households Inflation Rate

The general price index for all urban households in the month of Farvardin of the year 1398 stood at 169.3 showing a 3.7 percent increase from the last month. Percentage change in the general index was 50.0 percent in comparison with the same month in the last year, which rose by 3.4 percentage points over the previous month (46.6 percent).

Increase in All Rural Households Inflation Rate  

The general price index for all rural households in the month of Farvardin of the year 1398 stood at 180.1 showing a 5.8 percent growth compared with the previous month. Percentage change in the general index was 59.4 percent over the corresponding month in the previous year, which rose by 6.7 percentage points in contrast to the previous month (52.7 percent).

Prices Changes in the Current Month

In the current month, all sub-classes of the general index experienced price rises. In the major group of "food, beverages and tobacco", the highest increase of prices was for “vegetables” (onions, potatoes, carrots and green beans,) group, “fruit and dried fruits” ( apples, oranges, kiwis and dates) group, “meat” (beef and mutton) group in contrast to the previous month . In the major group of "non-food items and services", the highest increase of prices went to “miscellaneous goods and services (car insurance premium and gold) group, and “restaurants and hotels” (foods served at restaurants) group “compared with the previous month. Moreover, “transportation” group experienced a price decrease from the last month. 

Price Index Percentage Change in the National Expenditure Deciles in the Current Month

The range of twelve-month inflation rate ending the month of Farvardin of the year 1398 for various deciles was fluctuating between 29.9 percent for the first decile (those with the lowest income) and 32.7 percent for the tenth decile (those with the highest income).