Consumer Price Index in the Month of Khordad of the Year 1400¹

Increase in National Point-to-Point Inflation Rate

Point-to-point inflation rate refers to the percentage change in the price index in comparison with the corresponding month in the previous year. The point-to-point inflation rate in the month of Khordad² of the year 1400 stood at 47.6 percent, that is to say, that the national households spent, on average, 47.6 percent higher than the month of Khordad of the year 1399 for purchasing “the same goods and services”.

Moreover, in this month, the point-to-point inflation rate experienced a 0.7 percentage point increase in comparison with the previous month (Ordibehesht, the year 1400). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 62.3 percent (with a 1.2 percentage point increase) and 40.8 percent (with a 0.5 percentage point increase), respectively.

This is while the point-to-point inflation rate for urban households stood at 46.9 percent, which increased by 0.8 percentage points in comparison with the previous month. Moreover, this rate was 51.5 percent for rural households which increased by 0.5 percentage points in comparison with the previous month.

Increase in the Monthly National Households Inflation Rate

The monthly inflation rate refers to the percentage change in the price index in comparison with the previous month. The monthly inflation rate in the month of Khordad of the year 1400 stood at 2.5 percent, which increased by 1.8 percentage points in comparison with the previous month (Ordibehesht, the year 1400). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 3.2 and 2.2 percent, respectively.

For more information, please see the attachment.

¹It 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 1400 in Gregorian calendar is (21 March 2021-20 March 2022).

2 Iranian months and their equivalent 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)