Consumer Price Index in the Month of Tir of the Year 1397
Consumer Price Index in the Month of Tir of the Year 1397[1]
Increase in the Nation’s Households Inflation Rate
The general index (base year 1395=100) stood at 121.4 in the month of Tir[2] of the year 1397 indicating a 4.4 percent rise compared to the previous month. In this month, the general index percentage change is 13.8 percent compared to the corresponding month of the previous year, that is to say if the “same range of goods and services” was purchased by the nation's households, on average, 13.8 percent higher than the month of Tir in the year 1396 would be spent. These goods and services increased by 3.6 percentage points over the previous month (10.2 percent). The twelve- month inflation rate ending to the month of Tir of the year 1397 reached 8.7 percent which increased by 0.5 percentage point over the same information in the previous month (8.2 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 3.2 and 4.9 percent, respectively compared to the previous month. The twelve-month inflation rate ending to the month of Tir of the year 1397 for these two groups are 10.8 and 7.9 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 Tir of the year 1397 stood at 121.5, showing a 4.6 percent increase compared to the previous month. Percentage change of the general index is 14 percent compared to the corresponding month of the previous year and the twelve month inflation rate ending to the current month for these households is 8.8 percent.
[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)