Published Date: Saturday 26 August 2017

A Report on Consumer Price Indices for Goods and Services of Urban Households in the Month of Mordad of the Year 1396

1. The general index (base year 1390=100) in the month of Mordad (23 July-22 August 2017) of the year 13961 shows 249.6 which has increased by 0.6 percent in contrast to the preceding month. The increase in the general index was 8.1 percent compared to the corresponding month in the previous year (point-to-point inflation), which dropped by 0.8 percentage point over the same information in the previous month (8.9 percent). Percentage changes in the general index (inflation rate of consumer goods and services for urban households) for the 12 months ending to the month of Mordad of the year 1396 were 7.7 percent in contrast to the corresponding period of the previous year, which grew by 0.1 percentage point over the same information in the previous month (7.6 percent).

2-The CPI for the major group of "Foods, Beverages and Tobaccos" in this month reached 304.6, which increased 0.5 percent compared to the previous month. The index of the major group of "Foods, Beverages and Tobacco" increased by 11.0 percent in contrast to the corresponding month in the previous year, and percentage changes in this group for the 12 months ending to the month of Mordad of the year 1396 were 11.2 percent compared to the corresponding period of the previous year, which rose by 0.2 percentage point in contrast to the inflation of the 12 months ending to the previous month (11.0 percent).  The index of the major group of “Foods” in the mentioned month reached 302.7, which increased by 0.5 percent compared to the previous month. The index of the major group of “Foods” increased by 11.1 percent, as compared to the corresponding month of the previous year and the inflation rate of the 12 months of this group was 11.3 percent.

3- The index of the major group of "Non-Foods and Services" in the month of Mordad of the year 1396 reached 230.7, which increased by 0.6 percent compared to the previous month. The index of the major group of "Non-Foods and Services" rose by 6.8 percent compared to the corresponding month of the previous year, and the inflation rate of this group for the 12 months ending to the month of Mordad of the year 1396 was 6.2 percent over the corresponding period of the previous year, which had no change in contrast to the inflation rate of the 12 months ending to the previous month (6.2 percent).

 

 

[1] . It is the Iranian year which usually begins within a 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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