Consumer Price Index in the Month of Tir of the Year 1399
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Consumer Price Index in the Month of Tir 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 Tir2 of the year 1399 stood at 26.9 percent, that is to say, that the national households spent, on average, 26.9 percent higher than the month of Tir in the year 1398 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 4.4 percentage point increase in comparison with the previous month (Khordad, 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 21.0 percent (with a 6.1 percentage point increase) and 29.8 percent (with a 3.4 percentage point increase), respectively. This is while the point-to-point inflation rate for urban households stood at 27.0 percent which has increased by 4.3 percentage points in comparison with the previous month. This rate was 25.9 percent for rural households which increased by 4.8 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 1399 stood at 6.4 percent, which increased by 4.4 percentage points in comparison with the previous month (Khordad, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 6.7 and 6.3 percent, respectively. This is while the monthly inflation rate for urban households is 6.5 percent which has increased by 4.5 percentage points in comparison with the previous month. This rate was 5.9 percent for rural households which increased by 3.7 percentage points in comparison with the previous month. 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 (21 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 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 Tir in the year 1399 stood at 26.4 percen,t which decreased by 1.4 percentage points in comparison with the previous month (Khordad, the year 1399). The annual inflation rate for urban and rural households is 26.4 percent which has decreased by 1.3 and 1.8 percentage points in comparison with the previous month. Annual Inflation Monthly Inflation Point-to-point Inflation 27.8 28.2 30.0 27.7 35.0 26.4 27.0 8.0 29.8 25.0 23.9 7.0 6.7 30.0 6.4 6.3 26.9 26.4 6.0 25.0 22.5 20.0 21.0 5.0 20.0 15.0 4.0 14.9 15.0 3.0 10.0 2.4 2.0 1.8 10.0 2.0 5.0 1.0 5.0 0.0 0.0 0.0 Total Food, Non-food Total Food, Non-food Total Food, Non-food beverages items and beverages items and beverages items and and tobacco services and tobacco services and tobacco services Month of Khordad, the year 1399 Month of Khordad, the year 1399 Month of Khordad, the year 1399 Month of Tir, the year 1399 Month of Tir, the year 1399 Month of Tir, the year 1399 Prices Changes in the Current Month In the major group of "food, beverages and tobacco", the highest increase in the prices was for “red meat and poultry meat" (factory- farmed chicken), group, “milk, cheese and egg” (egg) group, and" bread and cereals" (macaroni and types of foreign rice) group in contrast to the previous month. In the major group of "non-food items and services", the highest increase in prices went to “transportation” (prices of all types of cars and car tire) group, “recreation and culture” (computer peripherals, kid's bike and laptop) group, and “housing, water and electricity and gas” (rent) group, compared with the previous month. Price Index Percentage Change in the National Expenditure Deciles in the Current Month The range of annual inflation rate in the month of Tir of the year 1399 for various expenditure deciles was fluctuating between 24.2 percent for the first decile (those with the lowest income) and 28.9 percent for the tenth decile (those with the highest income). 2 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 General Index 10.0 8.9 9.0 8.3 7.1 6.8 7.9 7.5 6.8 7.7 8.0 7.2 7.2 8.0 7.3 7.1 6.9 6.8 6.8 6.5 7.0 6.6 6.6 6.6 6.6 6.6 7.0 5.7 6.0 6.1 6.3 6.4 5.6 5.9 5.9 6.0 5.3 6.0 5.0 5.0 4.0 4.0 3.0 2.0 3.0 1.0 2.0 0.0 1.0 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 Khordad, Khordad, Khordad, Tir, 1399 Tir, 1399 Tir, 1399 1399 1399 1399 Total country 214.2 227.9 250.1 266.7 200.7 213.4 Urban 212.8 226.7 250.1 266.8 200.3 213.3 Rural 221.9 234.9 249.9 266.6 203.6 214.1 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Khordad, Khordad, Khordad, Tir, 1399 Tir, 1399 Tir, 1399 1399 1399 1399 Total country 2.0 6.4 2.4 6.7 1.8 6.3 Urban 2.0 6.5 2.4 6.7 1.8 6.5 Rural 2.2 5.9 2.5 6.7 2.0 5.2 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 Khordad, Khordad, Khordad, Tir, 1399 Tir, 1399 Tir, 1399 1399 1399 1399 Total country 22.5 26.9 14.9 21.0 26.4 29.8 Urban 22.7 27.0 14.7 20.4 26.4 30.0 Rural 21.1 25.9 15.5 23.1 26.0 28.3 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Khordad, Khordad, Khordad, Tir, 1399 Tir, 1399 Tir, 1399 1399 1399 1399 Total country 27.8 26.4 27.0 23.9 28.2 27.7 Urban 27.7 26.4 27.1 23.9 28.0 27.5 Rural 28.2 26.4 26.6 23.8 29.6 28.5 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Tir , the year 1399 Base year:1395=100 Percentage changes in CPI 12 months ending the Compared to the Compared to current month Description Weight Index corresponding the previous compared to the month of the month corresponding month previous year of the previous year General index 100.00 227.9 6.4 26.9 26.4 1. Food and non-alcoholic 26.64 264.9 6.7 20.9 24.2 beverages Food 25.55 263.4 6.7 20.3 23.3 Bread and cereals 6.67 231.7 7.3 36.5 31.4 Meat, white meat and related 5.91 288.0 12.0 11.7 19.7 products Red and poultry meat 5.14 290.0 13.0 11.7 18.6 Fish and seafood 0.77 274.8 5.4 11.9 28.2 Milk, cheese and eggs 2.80 250.5 11.4 30.5 29.8 Oils and fats 1.29 202.5 2.6 8.2 17.0 Fruit and dried fruit 3.43 307.6 0.4 26.9 18.1 Vegetables ( pulses and vegetables) 3.02 276.0 3.4 5.7 19.4 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump and 1.44 255.4 5.9 29.5 32.9 confectionery ) Food products n.e.c* 0.98 266.6 2.7 2.6 18.4 Tea, coffee, cocoa and fruit juice (non- 1.10 300.1 5.3 36.1 46.6 alcoholic beverages) 2.Tobacco 0.59 347.3 7.0 23.8 12.5 3.Clothing and footwear 4.78 247.3 4.8 31.0 34.4 4.Housing, water, electricity, gas and 35.50 184.6 6.9 24.6 22.7 other fuels Housing 31.12 190.6 7.2 27.9 23.0 Rentals for housing units (service) 30.72 190.3 7.2 27.8 22.9 Services for the maintenance and 0.41 211.2 6.9 34.7 27.9 repair of the dwelling Water, electricity and fuel 4.38 141.9 4.0 0.0 20.2 5.Furnishings, household equipment 3.93 285.4 6.4 31.2 34.1 and routine household maintenance 6.