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Consumer Price Index in the Month of Khordad of the Year 1399Fn

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Consumer Price Index in the Month of Khordad of the Year 1399Fn Consumer Price Index in the Month of Khordad of the Year 13991 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 1399 stood at 22.5 percent, that is to say that the national households spent, on average, 22.5 percent higher than the month of Khordad of the year 1398 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 1.5 percentage point increase in comparison with the previous month (Ordibehesht, the year 1399). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 14.9 percent (with a 2.9 percentage point increase) and 26.4 percent (with a 0.7 percentage point increase), respectively. This is while the point-to-point inflation rate for urban households stood at 22.7 percent which has increased by 1.4 percentage points in comparison with the previous month. Moreover, this rate was 21.1 percent for rural households which increased by 1.8 percentage points in comparison with the previous month. Decrease 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 1399 stood at 2.0 percent, which decreased by 0.5 percentage points in comparison with the previous month (Ordibehesht, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 2.4 and 1.8 percent, respectively. 1It 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 1399 in the Gregorian calendar is (20 March 2020-20 March 2021). 2 Iranian months and their equivalent in Gregorian calendar Farvardin (21 March-20April) Mehr (23 September-22 October) Ordibehesht (21 April-21 May) Azar (23 October-21 November) Khordad (22 May-21 June) Azar (22 November-21 December) Tir (22 June-22 July) Esfand (22 December-20 January) Mordad (23 July-22 August) Esfand (21 January-19 February) Shahrivar (23 August-22 September) Esfand (20 February-20 March) 1 This is while the monthly inflation rate for urban households is 2.0 percent which has decreased by 0.6 percentage points in comparison with the previous month. This rate was 2.2 percent for rural households which has increased by 0.1 percentage points in comparison with the previous month. Decrease in the Annual National Households Inflation Rate The annual inflation rate refers to the average percentage change in the price index in a year ending the current month in comparison with the same period in the previous year. The annual national household inflation rate for the month of Khordad in the year 1399 stood at 27.8 percent which decreased by 2.0 percentage points in comparison with the previous month (Ordibehesht, the year 1399). This is while the annual inflation rate for urban households is 27.7 percent which has decreased by 2.0 percentage points in comparison with the previous month. This rate was 28.2 percent for rural households indicating a 2.6 percentage point decrease in comparison with the previous month. Annual Inflation Monthly Inflation Point-to-point 32.0 31.2 Inflation 4.0 31.0 29.8 3.5 26.4 30.0 29.2 3.5 30.0 25.7 29.0 28.2 22.5 27.8 3.0 25.0 21.0 28.0 2.5 2.4 27.0 2.5 20.0 27.0 2.0 14.9 1.8 26.0 2.0 15.0 12.0 25.0 1.5 10.0 24.0 1.0 5.0 0.4 0.5 0.0 0.0 Total Food, Non-food Total Food, Non-food beverages items and beverages items and and services and tobacco services tobacco Month of Ordibehesht, the year Month of Ordibehesht, the year Month of Ordibehesht, the year 1399 1399 1399 Month of Khordad, the year Month of Khordad, the year 1399 Month of Khordad, the year 1399 1399 2 Prices Changes in the Current Month In the major group of "food, beverages and tobacco", the highest increase in the prices was for “ Bread and cereals” ( types of imported rice and macaroni) group, “ Fruit and dried fruit” (apple and orange) group and “ Red and poultry meat”(battery chicken) group in contrast to the previous month. In the major group of "non-food items and services", the highest increase in prices went to “ Recreation and culture” group (computer equipment, sports clubs membership), “ Furnishings, household equipment” group (household appliances and kitchen utensils) and “ Health and treatment” group (different kinds of drug and doctor visit fee) compared with the previous month. Moreover, the “ Vegetables” group (onion, potato, and tomato) and the average price of one cubic of gas for household consumption have experienced a decrease in comparison with the previous month (Ordibehest, the year 1399). Price Index Percentage Change in the National Expenditure Deciles in the Current Month The range of annual inflation rate in the month of Khordad of the year 1399 for various expenditure deciles was fluctuating between 25.8 percent for the first decile (those with the lowest income) and 30.0 percent for the tenth decile (those with the highest income). Graphs of the index percentage change for various expenditure deciles in the general index and in the major groups of "food, beverages and tobacco" and "non-food items and services" compared with the previous month are shown as follows: Monthly Percentage Change Monthly Percentage Change in 3.0 2.5 2.5 2.6 2.5 2.4 General Index 2.4 2.5 2.4 2.3 2.5 2.1 2.1 2.2 2.2 1.9 1.8 2.0 2.0 1.9 2.5 2.2 2.2 2.3 2.3 2.3 2.2 2.0 1.6 1.6 2.1 2.1 1.5 2.0 1.7 1.7 1.0 0.5 1.5 0.0 1.0 0.5 0.0 Food, beverages and tobacco Non-food items and services 3 Table 1. Consumer price index (CPI) for household goods and services Base Year: 1395=100 General index Food, beverages and tobacco Non-food items and services Description Month and year Ordibehesht Khordad, Ordibehesht Khordad, Ordibehesht Khordad, 1399 1399 1399 1399 1399 1399 Total country 210 .0 214 .2 244 .2 250 .1 197 .2 200 .7 Urban 208 .7 212 .8 244 .4 250 .1 196 .8 200 .3 Rural 217 .1 221 .9 243 .7 249 .9 199 .6 203 .6 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Ordibehesht Khordad, Ordibehesht Ordibehesht Khordad, Khordad, 1399 1399 1399 1399 1399 1399 Total country 2 .5 2 .0 0 .4 2 .4 3 .5 1 .8 Urban 2 .6 2 .0 0 .4 2 .4 3 .6 1 .8 Rural 2 .1 2 .2 0 .7 2 .5 3 .2 2 .0 Table 3. Percentage change in the CPI compared with the same month in the previous year General index Food, beverages and tobacco Non-food items and services Month and year Description Ordibehesht Khordad, Ordibehesht Ordibehesht Khordad, Khordad, 1399 1399 1399 1399 1399 1399 Total country 21 .0 22 .5 12 .0 14 .9 25 .7 26 .4 Urban 21 .3 22 .7 11 .9 14 .7 25 .8 26 .4 Rural 19 .3 21 .1 12 .5 15 .5 25 .4 26 .0 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Ordibehesht Khordad, Khordad, Ordibehesht Khordad, Ordibehesht 1399 1399 1399 1399 1399 1399 Total country 29 .8 27 .8 31 .2 27 .0 29 .2 28 .2 Urban 29 .7 27 .7 31 .3 27 .1 29 .0 28 .0 Rural 30 .8 28 .2 30 .7 26 .6 30 .8 29 .6 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Khordad , the year 1399 Base year:1395=100 Percentage changes in CPI 12 months ending the Compared Compared to the current month Description Weight Index to the corresponding compared to the previous month of the corresponding month month previous year of the previous year General index 100.00 214 .2 2 .0 22 .5 27 .8 1. Food and non-alcoholic 26 .64 248 .4 2 .4 14 .9 27 .4 beverages Food 25 .55 246 .8 2 .4 14 .0 26 .5 6 .67 216 .0 6 .1 29 .4 31 .6 Bread and cereals Meat, white meat and related 5 .91 257 .2 3 .7 1 .6 24 .7 products Red and poultry meat 5 .14 256 .7 4 .0 0 .4 23 .4 Fish and seafood 0 .77 260 .8 1 .6 9 .8 34 .1 Milk, cheese and eggs 2 .80 224 .8 0 .8 28 .9 31 .5 Oils and fats 1 .29 197 .4 0 .8 7 .9 20 .1 Fruit and dried fruit 3 .43 306 .4 4 .3 25 .0 20 .2 Vegetables ( pulses and 3 .02 266 .8 -6 .6 -0 .4 24 .8 vegetables) Sugar, jam, honey, chocolate 1 .44 241 .1 3 .3 16 .7 35 .9 and confectionery ( sugar, sugar lump and confectionery ) Food products n.e.c* 0 .98 259 .5 1 .9 2 .4 25 .1 Tea, coffee, cocoa and fruit 1 .10 285 .0 2 .6 36 .3 49 .0 juice (non-alcoholic beverages) 2.Tobacco 0 .59 324 .6 2 .7 16 .0 14 .5 3.Clothing and footwear 4 .78 235 .9 2 .7 28 .0 36 .3 4.Housing, water, electricity, 35 .50 172 .7 1 .4 21 .7 22 .6 gas and other fuels Housing 31 .12 177 .8 1 .8 24 .2 22 .6 Rentals for housing units 30 .72 177 .5 1 .8 24 .1 22 .5 ( i) Services for the maintenance 0 .41 197 .6 4 .2 29 .0 27 .7 and repair of the dwelling Water, electricity and fuel 4 .38 136 .5 -2 .2 2 .3 23 .2 5.Furnishings, household 3 .93 268 .1 3 .4 26 .6 37 .0 equipment and routine household maintenance 6.
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