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Published Date: Saturday 04 November 2023

Consumer Price Index for the Month Mehr , the Year 1402 (Base year 1400=100)

Consumer Price Index for the Month Mehr[1], the Year 1402 (Base year 1400=100)

Price Index (PI)

In the month of Mehr, the year 1402, the households CPI of the nation stood at 206.5 which increased by 2.3 percent compared to the previous month, grew by 39.2 percent in contrast to the corresponding month of the previous year, and rose by 45.5 percent in the twelve months ending the month of Mehr, the year 1402 in comparison with the last corresponding period.

National Point-to-point Inflation Rate

Point-to-point inflation rate refers to the percentage change in the price index compared to the corresponding month in the previous year. The point-to-point inflation rate in the month of Mehr, the year 1402 stood at 39.2 percent, that is to say, the national households spent on average 39.2 percent higher than the month of Mehr of the year 1401 for purchasing “the same goods and services”. Moreover, this month, the point-to-point inflation rate experienced a 0.3 percentage point decrease compared to the previous month (Shahrivar, the year 1402).

 

For more information, please see the attachment.

 

[1]1. Iranian months and their equivalents in Gregorian calendar

Farvardin (21 March-20 April)                                                                        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)

2. It is the Iranian year which usually begins on the day of 21 March of Gregorian calendar. To find the corresponding year of 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 1402 in Gregorian calendar is (21 March 2023-20 March 2024).

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