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

Decrease 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 Tir² of the year 1400 stood at 43.6 percent, that is to say, that the national households spent, on average, 43.6 percent higher than the month of Tir of the year 1399 for purchasing “the same goods and services”.

Moreover, in this month, the point-to-point inflation rate experienced a 4.0 percentage point decrease in comparison with the previous month (Khordad, 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 56.9 percent (with a 5.4 percentage point decrease) and 37.4 percent (with a 3.4 percentage point decrease), respectively.

This is while the point-to-point inflation rate for urban households stood at 42.9 percent, which decreased by 4.0 percentage points in comparison with the previous month. Moreover, this rate was 47.7 percent for rural households which decreased by 3.8 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 Tir of the year 1400 stood at 3.5 percent, which increased by 1.0 percentage point in comparison with the previous month (Khordad, the year 1400). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 3.1 and 3.8 percent, respectively.

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).

For  more  information  please  see the  attachment.

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)