Consumer Price Index in the Month of Mehr of the Year 1397[1]
Increase in the Nation’s Households Inflation Rate
The general index (base year 1395=100) stood at 144.1 in the month of Mehr [2] of the year 1397 indicating a 7.1 percent rise compared to the previous month. In this month, the general index percentage change is 32.8 percent compared to the corresponding month of the previous year, that is to say that if the “same range of goods and services” was purchased by the nation's households, on average, 32.8 percent higher than the month of Mehr in the year 1396 would be spent. These goods and services increased by 7.1 percentage points over the previous month (25.7 percent). The twelve- month inflation rate ending to the month of Mehr of the year 1397 reached 13.4 percent which increased by 2.1 percentage point over the same information in the previous month (11.3 percent).
The CPI for the major group of "food, beverages and tobacco" and for the major group of "non-food items and services" increased by 8.6 and 6.4 percent, respectively compared to the previous month. The percentage change of prices in the month of Mehr of the year 1397 for these two groups are 47.5 and 27.2 percent, respectively.
Increase in the Nation's Urban Households Inflation Rate
The general price index for the country's urban households in the month of Mehr of the year 1397 stood at 143.6 showing a 6.8 percent increase compared to the previous month. Percentage change of the general index is 32.4 percent compared to the corresponding month in the previous year, which rose by 6.7 percentage points over to the previous month (25.7 percent).
Increase in the Nation's Rural Households Inflation Rate
The general price index for the country's rural households in the month of Mehr of the year 1397 stood at 146.8 showing an 8.3 percent increase compared to the previous month. Percentage change of the general index is 35.3 percent compared to the corresponding month in the previous year, which rose by 9.2 percentage points over to the previous month (26.1 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 “food products not classified elsewhere, ( tomato paste) group, “ tobacco” group, “vegetables” (potato, tomato and onions ) group, oils and fats (edible solid oil, liquid oil) group, beverages (bottled mineral water, instant coffee and fruit juice)” group, “meat” ( canned fishes, fishes) group, “sugar lump, sugar and confectionary, (fruit compote, chocolate) group, and “ fruit and dried fruits” (pistachio, almond kernel, nut kernel, date) group compared to the previous month. In the major group of "non-food items and services", the highest increase of prices goes to “ communication” group ( cell phone conversations),, “education” (schools and universities fee) group, “recreation and culture” ( abroad pilgrimage, stationery, TV sets, and computer equipment,) group, “furnishings, household appliances and routine household maintenance” (carpet and moquette, detergents, household appliances and kitchen dishes) group, “miscellaneous goods and services” ( baby diaper, tissue paper, 18 carat gold and beauty and hygienic products ) group and “ cloth and footwear” group compared to the previous month.
Price Index Percentage Change in the Total Country Expenditure Deciles in the Current Month
The range of twelve -month inflation rate ending to the month of Mehr of the year 1397 for various deciles is fluctuating between 12.7 percent for the first decile (those with the lowest income ) to 14.3 percent for the tenth decile ( those with the highest decile).
For detailed information, please see the attachment.
[1]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).
2 Iranian months and their equivalent in Gregorian calender
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)
For detailed information, please see the attachment.