Consumer Price Index in the Month of Dey of the Year 1397[1]

 Increase in the Nation’s Households Inflation Rate

The general index (base year 1395=100) stood at 154.7 in the month of Dey [2] of the year 1397 indicating a 2 percent rise compared with the previous month. In this month, the percentage change in the general index was 39.6 percent in contrast to the corresponding month of the previous year, that is to say that the nation’s households spent, on average, 39.6 percent higher than the month of Dey in the year 1396 for purchasing the same goods and services, which increased by 2.2 percentage points over the previous month (37.4 percent). The twelve-month inflation rate ending the month of Dey of the year 1397 reached 20.6 percent which increased by 2.6 percentage points over the same information in the previous month (18 percent).

The CPI for the major groups of "food, beverages and tobacco" and "non-food items and services" increased by 2.8 and 1.6 percent, respectively in contrast to the previous month. The percentage changes in prices in the month of Dey of the year 1397 for these two groups were 57.8 and 32.4 percent compared with the month of Dey in the year 1396, respectively.

Increase in the Nation's Urban Households Inflation Rate

The general price index for the nation’s urban households in the month of Dey of the year 1397 stood at 154.1 showing a 2.0 percent increase from the last month. Percentage change in the general index was 39.0 percent in comparison with the same month in the last year, which rose by 2.1 percentage points over the previous month (36.9 percent).

Increase in the Nation's Rural Households Inflation Rate

The general price index for the nation’s rural households in the month of Dey of the year 1397 stood at 158.4 showing a 2.0 percent growth compared with the previous month. Percentage change in the general index was 42.7 percent over the corresponding month in the previous year, which rose by 2.8 percentage points in contrast to the previous month (39.9 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 belongs to “meat” (chicken, mutton and beef,) group. In the major group of “non-food items and services”, the highest increase of prices goes to “hotel and restaurants” (foods served at restaurants) group, “furnishings, household appliances and routine household maintenance”) detergents (group, “clothing and footwear” group and “health and medical care” (different types of medicines) group compared with the previous month.

In the major group of “food, beverages and tobacco”, the group “tobacco” experienced a fall in comparison with the previous month and in the major group of “non-food items and services”, the computer accessories saw a fall in contrast to the previous month.

Price Index Percentage Change in the Nation’s Expenditure Deciles in the Current Month

The range of twelve-month inflation rate ending the month of Dey of the year 1397 for various deciles is fluctuating between 19.6 percent for the first decile (those with the lowest income ) and 22.3 percent for the tenth decile ( those with the highest decile).

For more information, please see the attachment.