Consumer Price Index in the Month of Ordibehesht of the Year 1400
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Consumer Price Index in the Month of Ordibehesht 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 Ordibehesht2 of the year 1400 stood at 46.9 percent, that is to say, that the national households spent, on average, 46.9 percent higher than the month of Ordibehesht of the year 1399 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 2.6 percentage point decrease in comparison with the previous month (Farvardin, 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 61.1 percent (with a 2.0 percentage point decrease) and 40.3 percent (with a 2.7 percentage point decrease), respectively. This is while the point-to-point inflation rate for urban households stood at 46.1 percent, which decreased by 2.7 percentage points in comparison with the previous month. Moreover, this rate was 51.0 percent for rural households which decreased by 2.0 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 Ordibehesht of the year 1400 stood at 0.7 percent, which decreased by 2.0 percentage points in comparison with the previous month (Farvardin, the year 1400). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were -0.8 and 1.6 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). 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) 1 This is while the monthly inflation rate for urban households is 0.7 percent, which decreased by 1.9 percentage points in comparison with the previous month (Farvardin, the year 1400). This rate was 0.7 percent for rural households which decreased by 2.3 percentage points in comparison with the previous month. Increase 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 Ordibehesht in the year 1400 stood at 41.0 percent, which increased by 2.1 percentage points in comparison with the previous month (Farvardin, the year 1400). Moreover, the annual inflation rates for urban and rural households are 40.5 and 43.2 percent respectively, which have increased by 1.9 and 2.6 percentage points for urban and rural households, respectively in comparison with the previous month. Annual Inflation Monthly Inflation Point-to-point Inflation 80.0 60.0 47.6 4.0 63.1 61.1 50.0 41.0 43.5 37.8 38.9 2.9 60.0 49.5 36.7 3.0 2.7 2.6 46.9 40.0 43.0 40.3 30.0 40.0 20.0 2.0 1.6 10.0 20.0 1.0 0.7 0.0 Total Food, Non-food -0.8 0.0 beverages items and Total Food, Non-food and services 0.0 beverages and items and Total Food, Non-food tobacco tobacco services beverages and items and Month of Farvardin, 1400 -1.0 tobacco services Month of Farvardin, 1400 Month of Farvardin, 1400 Month of Ordibehesht, 1400 Month of Ordibehesht, 1400 Month of Ordibehesht, 1400 2 Prices Changes in the Current Month In the main group of "food, beverages and tobacco", the highest increase in the price compared with the previous month was for “beverages” group (mineral water, non-alkoholic beer, and carbonated drinks), “sugar, sugar lump and confectionery” group (pasteurized ice-cream, rock candy, and sugar), and “tobacco” group. In the main group of "non-food items and services", the highest increase in prices went to “clothing and footwear” group (different kinds of shoe), " restaurants and hotels " group (foods served in restauraunt), and “health & medical services” group (labratoary services and doctor visit). Also, fruit, dried and dehydrated ” group (apples and bananas), “vegetables” group (cucumbers, green beans, and eggplants), “milk, cheese, and eggs” group (eggs) , and “communication” group (mobile phones ) experienced a decrease in price compared with the previous month. Price Index Percentage Change in the National Expenditure Deciles in the Current Month The range of an annual inflation rate in the month of Ordibehesht of the year 1400 for various expenditure deciles was fluctuating between 40.1 percent for the first decile (those with the lowest income) and 47.5 percent for the tenth decile (those with the highest income). Graphs of the index percentage change for various expenditure deciles in 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 1.7 1.8 1.7 1.7 1.6 2.0 1.5 1.4 1.3 General Index 1.2 1.0 1.0 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.6 0.0 0.6 0.5 0.5 -1.0 -0.4 -0.6 -0.6 -0.7 -0.7 -0.7 0.4 -0.8 -0.8 -0.8 -1.0 -2.0 0.3 0.2 0.1 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 Farvardin, Ordibehesht, Farvardin, Ordibehesht, Farvardin, Ordibehesht, 1400 1400 1400 1400 1400 1400 Total country 306.1 308.4 396.5 393.3 272.3 276.6 Urban 302.7 304.9 398.1 394.7 270.8 274.9 Rural 325.4 327.8 390.9 388.3 282.5 288.1 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Farvardin, Ordibehesht, Farvardin, Ordibehesht, Farvardin, Ordibehesht, 1400 1400 1400 1400 1400 1400 Total country 2.7 0.7 2.9 -0.8 2.6 1.6 Urban 2.6 0.7 2.9 -0.8 2.5 1.5 Rural 3.0 0.7 2.7 -0.7 3.1 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 Farvardin, Ordibehesht, Farvardin, Ordibehesht, Farvardin, Ordibehesht, 1400 1400 1400 1400 1400 1400 Total country 49.5 46.9 63.1 61.1 43.0 40.3 Urban 48.8 46.1 63.5 61.5 42.5 39.7 Rural 53.0 51.0 61.6 59.4 46.0 44.3 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Farvardin, Ordibehesht, Ordibehesht, Farvardin, Ordibehesht, Farvardin, 1400 1400 1400 1400 1400 1400 Total country 38.9 41.0 43.5 47.6 36.7 37.8 Urban 38.6 40.5 43.3 47.5 36.5 37.6 Rural 40.6 43.2 44.4 48.3 37.5 39.0 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Ordibehesht, the year 1400 Base year: 1395=100 Percentage changes in CPI 12 months ending the Compared to the Compared to current month compared Description Weight Index corresponding the previous to the corresponding month of the month month of the previous previous year year General index 100.00 308.4 0.7 46.9 41.0 1. Food and non-alcoholic beverages 26.64 391.8 -0.9 61.5 47.8 Food 25.55 387.3 -1.2 60.6 47.5 Bread and cereals 6.67 319.2 1.9 56.8 53.4 Meat, white meat and related 5.91 429.0 -0.4 72.9 39.1 products Red and poultry meat 5.14 426.7 -0.8 72.9 38.5 Fish and seafood 0.77 444.1 2.2 73.1 43.3 Milk, cheese and eggs 2.80 391.0 -0.5 75.3 57.2 Oils and fats 1.29 408.7 0.7 108.8 61.3 Fruit and dried fruit 3.43 405.5 -10.3 38.0 56.5 Vegetables ( pulses and vegetables) 3.02 427.1 -0.9 49.6 40.2 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump 1.44 395.9 3.8 69.6 50.4 and confectionery ) Food products n.e.c* 0.98 361.8 1.8 42.1 23.4 Tea, coffee, cocoa and fruit juice 1.10 495.4 4.3 78.4 54.1 (non-alcoholic beverages) 2.Tobacco 0.59 463.3 3.1 46.6 42.3 3.Clothing and footwear 4.78 356.5 2.8 55.3 43.3 4.Housing, water, electricity, gas and other fuels 35.50 219.0 0.9 28.6 26.6 Housing 31.12 225.0 0.9 28.8 28.5 Rentals for housing units (service) 30.72 224.0 0.9 28.5 28.3 Services for the maintenance and repair of the dwelling 0.41 295.5 2.3 55.8 44.4 Water, electricity and fuel 4.38 176.4 1.5 26.3 11.9 5.Furnishings, household equipment and routine household 3.93 434.6 2.3 67.6 53.7 maintenance 6.