Published Date: Wednesday 29 August 2018

Consumer Price Index in the Month of Khordad of the Year 1397

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

 Increase in the Nation’s Households Inflation Rate

The general index (base year 1395=100) stood at 116.2 in the month of Khordad[2] of the year 1397 indicating a 1.9 percent rise compared to the previous month. In this month, the general index percentage change is 10.2 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, 10.2 percent higher than the month of Khordad in the year 1396 would be spent. These goods and services increased by 1.9 percentage points over the previous month (8.3 percent). This increase in the index percentage change in one month has been unprecedented in comparison to the corresponding month in the last year(1.9 percentage points) since the month of Farvardin of the year 1392. The twelve- month inflation rate ending to the month of Khordad of the year 1397 reached 8.2 percent which increased by 0.2 percentage point over the same information in the previous month (8.0 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 4.2 and 0.9 percent, respectively compared to the previous month. The twelve -month inflation rate ending to the month of Khordad of the year 1397 for these two groups are 10.5 and 7.3 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 Khordad of the year 1397 stood at 116.1, showing a 1.7 percent increase compared to the previous month. Percentage change of the general index is 10.2  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 8.2 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)                                                 

 

 

 

 

 

 

Share
Scores points
Points: Article Rating

NewsSearch

News Categories

Skip Navigation Links.

Time Archives

Skip Navigation Links.