Published Date: Saturday 21 July 2018

General Country Consumer Price Index by the Expenditure Deciles: in the month of Khordad of the year 1397

General Country Consumer Price Index by the Expenditure Deciles: in the month of Khordad of the year 1397[1]

General country inflation rate for the month of Khordad (22 May -21 June) of the year 1397 is 8.2 percent, which is fluctuating between 8.1 percent for the first decile (those with the lowest income) to 8.4 percent for the seventh decile, among the expenditure deciles. The range of the twelve-month inflation in the major group of "food, beverages and tobacco" is between 9.3 percent for the first decile to 11.0 percent for the tenth decile. Also the same information for the major group of "non-food and services" is between 7.2 percent for the second decile and 7.6 percent for the tenth decile.

 

Inflationary gap reduction in deciles

According to the inflation figures among the expenditure deciles, the deciles inflationary gap in this month reached 0.3 percent showing a 0.1 percent reduction, compared to the previous month (0.4 percent). The inflationary gap in the major group of "food, beverages and tobaccos" and the major group of "non-food and services" rose by 0.1 and 0.3 p

 

[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 1396 in the Gregorian calendar is (21 March 2017-20 March 2018).

 

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