Published Date: Sunday 06 January 2019

Total Country Consumer Price Index by the Expenditure Deciles: in the Month of Azar of the year 1397

Total Country Consumer Price Index by the Expenditure Deciles: in the Month of Azar[1] of the year 1397[2]

 

Total country inflation rate for the month of Azar of the year 1397 stood at 18.0 percent, which is fluctuating between 17.1 percent for the first decile (those with the lowest income) to 19.5 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" is between 22.0 percent for the first decile to 24.4 percent for the tenth decile. Also the same information for the major group of "non-food items and services" is between 13.2 percent for the first decile and 18.4[3] percent for the tenth decile.

 

Inflationary gap increase in deciles

 

 

According to the inflation figures among the expenditure deciles, the deciles inflationary gap in this month stood at 2.4 percent, which increased by 0.4 percentage point compared to the previous month (2.0 percent). The inflationary gap in the major group of "food, beverages and tobacco” and in the major group of "non-food items and services" increased by 0.2 and 0.9 percentage point, respectively compared to the previous month.

 

For more information, please see the attachment.

 

 

[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 1397 in the Gregorian calendar is (21 March 2018-20 March 2019).

 

[3] . It is rounded up to one decimal place.

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