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Consumer Price Index in the Month of Azar of the Year 1398

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Consumer Price Index in the Month of Azar of the Year 1398 Consumer Price Index in the Month of Azar of the Year 13981 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 Azar2 of the year 1398 reached 27.8 percent, that is to say that the national households spent, on average, 27.8 percent higher than the month of Azar in the year 1397 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 0.8 percentage point increase in comparison with the previous month (Aban, the year 1398). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" with a 0.8 percentage point decrease and " non-food items and services" with a 1.5 percentage point increase stood at 28.0 and 27.7 percent, respectively. This is while the point-to-point inflation rate for urban households is 27.6 percent which has increased by 0.6 percentage point in comparison with the previous month. This rate was 28.9 percent for rural households which increased by 1.6 percentage points in comparison with the previous month. Increase in the Monthly 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 Azar of the year 1398 stood at 3.2 percent, which increased by 1.6 percentage points in comparison with the previous month (Aban, the year 1398). The monthly inflation rates for the major groups of "food, beverages and tobacco" and "non- food items and services" were 4.1 and 2.8 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 1398 in the Gregorian calendar is (21 March 2019-19 March 2020). 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) 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 3.0 percent which has increased by 1.5 percentage points in comparison with the previous month. Moreover, this rate was 4.2 percent for rural households which increased by 2.4 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 Azar in the year 1398 reached 40.0 percent which decreased by 1.1 percentage points in comparison with the previous month (Aban, the year 1398). This is while the annual inflation rate for urban households is 39.3 percent which has decreased by 1.0 percentage point in comparison with the previous month. Moreover, this rate was 43.8 percent for rural households indicating a 1.3 percentage point decrease in comparison with the previous month. Annual inflation rate Monthly inflation Point-to-point rate 70.0 4.5 4.1 inflation rate 55.7 58.6 4.0 60.0 40.0 3.5 3.2 29.5 28.8 29.0 28.0 50.0 3.0 2.8 41.1 28.5 27.8 27.7 33.8 2.5 28.0 40.0 33.4 27.5 27.0 1.7 2.0 1.6 27.0 26.2 30.0 1.4 26.5 1.5 26.0 20.0 1.0 25.5 25.0 0.5 10.0 24.5 0.0 Total Food, Non-food 0.0 Total Food, Non-food beverages items and Total Food, Non-food beverages items and and services beverages items and and services tobacco and services tobacco tobacco Month of Aban Month of Aban Month of Azar Month of Aban Month of Azar Month of Azar Prices Changes in the Current Month In the major group of "food, beverages and tobacco", the highest increase of prices was for “vegetables” (tomato, zucchini, onion, green beans) group, and “fruit and nuts” (watermelon and strawberry)” group in contrast to the previous month. In the major group of "non-food items and services", the highest increase of prices went to “private transport” (gasoline, types of cars) group, and “clothing and footwear” group compared with the previous month. Moreover, “meat, poultry and fish and related products” group (lamb meat, beef and battery hen), and “spices and foods n.e.c” (tomato paste) experienced a price decrease compared with the previous month. 2 Price Index Percentage Change in the National Expenditure Deciles in the Current Month The range of annual inflation rate in the month of Azar of the year 1398 for various expenditure deciles was fluctuating between 39.6 percent for the first decile (those with the lowest income) and 41.6 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 Monthly Percentage Change in the General Index for the Change Month of Azar of the Year 8.0 6.9 1398 7.0 5.6 4.5 4.1 6.0 5.1 4.8 5.0 4.5 4.2 4.0 3.7 3.6 3.5 4.0 3.7 3.4 3.3 3.3 3.2 3.3 3.3 3.2 3.1 4.0 2.6 2.7 2.8 3.0 2.9 3.5 3.0 2.1 2.4 3.1 3.0 1.6 3.2 2.0 2.5 1.0 2.0 0.0 1.5 1.0 0.5 0.0 Foods, 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 Aban, Aban, Aban, Azar, 1398 Azar, 1398 Azar, 1398 1398 1398 1398 Total country 187.8 193.8 217.0 226.0 176.8 181.7 Urban 187.0 192.6 218.1 226.6 176.7 181.3 Rural 192.0 200.1 213.1 223.8 178.2 184.6 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Aban, Aban, Aban, Azar, 1398 Azar, 1398 Azar, 1398 1398 1398 1398 Total country 1.6 3.2 1.4 4.1 1.7 2.8 Urban 1.5 3.0 1.3 3.9 1.6 2.6 Rural 1.8 4.2 1.6 5.0 2.0 3.6 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 Aban, Aban, Aban, Azar, 1398 Azar, 1398 Azar, 1398 1398 1398 1398 Total country 27.0 27.8 28.8 28.0 26.2 27.7 Urban 27.0 27.6 29.2 27.9 26.1 27.4 Rural 27.3 28.9 27.6 28.4 27.1 29.2 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Aban, Aban, Aban, Azar, 1398 Azar, 1398 Azar, 1398 1398 1398 1398 Total country 41.1 40.0 58.6 55.7 33.8 33.4 Urban 40.3 39.3 59.0 55.9 33.4 33.1 Rural 45.1 43.8 57.4 54.6 36.1 35.8 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Azar , the year 1398 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 100.0 193.8 3.2 27.8 40.0 1. Food and non-alcoholic 26.6 224.7 4.2 28.7 55.7 beverages Food 25.5 223.0 4.4 27.9 55.5 Bread and cereals 6.7 182.8 2.4 30.1 33.5 Meat, white meat and related 5.9 247.2 -2.5 32.0 76.6 products Red and poultry meat 5.1 247.6 -3.0 32.2 76.5 Fish and seafood 0.8 244.9 0.6 30.5 77.2 Milk, cheese and eggs 2.8 214.1 1.9 24.5 41.2 Oils and fats 1.3 190.8 0.3 15.8 39.3 Fruit and dried fruit 3.4 221.4 2.8 9.6 52.9 Vegetables ( pulses and vegetables) 3.0 291.0 32.3 47.6 70.4 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump 1.4 199.8 0.6 37.4 55.9 and confectionery ) Food products n.e.c* 1.0 248.1 -0.3 12.5 75.7 Tea, coffee, cocoa and fruit juice 1.1 264.8 0.9 47.3 61.5 (non-alcoholic beverages) 2.Tobacco 0.6 281.9 0.9 6.0 53.4 3.Clothing and footwear 4.8 207.8 1.9 34.5 49.5 4.Housing, water, electricity, gas 35.5 164.0 0.4 22.5 24.1 and other fuels Housing 31.1 163.7 0.9 21.1 23.3 Rentals for housing units (service) 30.7 163.6 0.9 21.0 23.2 Services for the maintenance and 0.4 170.8 1.6 26.3 30.3 repair of the dwelling Water, electricity and fuel 4.4 166.0 -3.1 33.2 30.5 5.Furnishings, household equipment and routine 3.9 234.5 1.4 31.3 62.3 household maintenance 6.
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