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Consumer Price Index in the Month of Farvardin of the Year 1400

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Consumer Price Index in the Month of Farvardin of the Year 1400 Consumer Price Index in the Month of Farvardin of the Year 14001 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 Farvardin2 of the year 1400 stood at 49.5 percent, that is to say, that the national households spent, on average, 49.5 percent higher than the month of Farvardin of the year 1399 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 (Esfand, 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 63.1 percent (with a 3.5 percentage point decrease) and 43.0 percent (with a 2.5 percentage point increase), respectively. This is while the point-to-point inflation rate for urban households stood at 48.8 percent, which increased by 1.0 percentage point in comparison with the previous month. Moreover, this rate was 53.0 percent for rural households which decreased by 0.3 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 Farvardin of the year 1400 stood at 2.7 percent, which increased by 0.9 percentage points in comparison with the previous month (Esfand, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 2.9 and 2.6 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 2.6 percent, which increased by 0.8 percentage points in comparison with the previous month (Esfand, the year 1399). This rate was 3.0 percent for rural households which increased by 1.4 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 Farvardin in the year 1400 stood at 38.9 percent, which increased by 2.5 percentage points in comparison with the previous month (Esfand, the year 1399). Moreover, the annual inflation rate for urban and rural households is 38.6 and 40.6 percent respectively, which has increased by 2.4 and 2.9 percentage points for urban and rural households, respectively in comparison with the previous month. Annual Inflation Monthly Inflation Point-to-point Inflation 50.0 3.5 70.0 66.6 43.5 63.1 2.9 38.9 39.0 36.7 3.0 2.7 60.0 40.0 36.4 2.6 49.5 35.2 48.7 43.0 2.5 50.0 40.5 30.0 1.8 40.0 2.0 1.7 1.8 30.0 20.0 1.5 20.0 10.0 1.0 10.0 0.5 0.0 0.0 Total Food, Non-food 0.0 Total Food, Non-food beverages items and Total Food, Non-food beverages items and and tobacco services beverages and items and and tobacco services tobacco services Month of Esfand, the year 1399 Month of Esfand, the year 1399 Month of Esfand, the year 1399 Month of Farvardin, the year 1400 Month of Farvardin, the year 1400 Month of Farvardin, the year 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 “vegetables” group (lettus, tomatoes and celery), “meat, white meat and related products” group (lamb meat, beef, veal and chicken meat), and “beverages” group (mineral water, carrot juice and fruit juice). In the main group of "non-food items and services", the highest increase in prices went to “miscellaneous goods and services” group (car insurance premium), “Services for the maintenance and repair of the dwelling” group (plastering and brickwork), " restaurants and hotels " group (hotel accommodation expenses) group,( the hire of banquet hall), compared with the previous month. Also, “vegetables” group (vegetable for stew, leafy vegetableseaten with meal, spinach) 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 Farvardin of the year 1400 for various expenditure deciles was fluctuating between 37.5 percent for the first decile (those with the lowest income) and 45.8 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 3.5 General Index 2.8 2.8 2.9 2.8 3.0 2.9 2.9 2.9 2.9 3.0 2.8 2.7 2.7 2.7 2.7 2.7 2.8 2.7 2.7 2.4 2.6 2.6 2.6 2.6 2.7 2.6 2.5 2.5 3.0 2.6 2.6 2.6 2.5 2.5 2.0 2.0 1.5 1.5 1.0 1.0 0.5 0.0 0.5 0.0 -0.5 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, Farvardin, Farvardin, Esfand, 1399 Esfand, 1399 Esfand, 1399 1400 1400 1400 Total country 298.1 306.1 385.4 396.5 265.4 272.3 Urban 294.9 302.7 386.8 398.1 264.2 270.8 Rural 316.1 325.4 380.4 390.9 273.9 282.5 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Farvardin, Farvardin, Farvardin, Esfand, 1399 Esfand, 1399 Esfand, 1399 1400 1400 1400 Total country 1.8 2.7 1.7 2.9 1.8 2.6 Urban 1.8 2.6 1.9 2.9 1.8 2.5 Rural 1.6 3.0 1.2 2.7 1.9 3.1 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, Farvardin, Farvardin, Esfand, 1399 Esfand, 1399 Esfand, 1399 1400 1400 1400 Total country 48.7 49.5 66.6 63.1 40.5 43.0 Urban 47.8 48.8 66.7 63.5 40.1 42.5 Rural 53.3 53.0 66.1 61.6 43.2 46.0 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Farvardin, Farvardin, Farvardin, Esfand, 1399 Esfand, 1399 Esfand, 1399 1400 1400 1400 Total country 36.4 38.9 39.0 43.5 35.2 36.7 Urban 36.2 38.6 38.7 43.3 35.1 36.5 Rural 37.7 40.6 39.9 44.4 35.8 37.5 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Farvardin, 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 100.00 306.1 2.7 49.5 38.9 1. Food and non-alcoholic beverages 26.64 395.3 2.9 63.5 43.6 Food 25.55 391.9 2.9 62.9 43.3 Bread and cereals 6.67 313.1 1.7 63.2 51.2 Meat, white meat and related 5.91 430.8 5.5 72.8 32.9 products Red and poultry meat 5.14 430.2 5.8 73.2 32.1 Fish and seafood 0.77 434.7 3.1 70.5 38.1 Milk, cheese and eggs 2.80 393.0 0.2 77.4 53.4 Oils and fats 1.29 405.9 2.4 109.3 53.1 Fruit and dried fruit 3.43 452.2 5.0 62.5 54.9 Vegetables ( pulses and vegetables) 3.02 431.2 -0.2 30.4 35.6 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump 1.44 381.4 4.5 71.5 45.5 and confectionery ) Food products n.e.c* 0.98 355.5 2.3 41.8 20.2 Tea, coffee, cocoa and fruit juice (non-alcoholic beverages) 1.10 475.2 3.5 75.1 50.7 2.Tobacco 0.59 449.4 1.3 47.9 39.6 3.Clothing and footwear 4.78 346.8 3.2 55.6 41.0 4.Housing, water, electricity, gas and other fuels 35.50 216.9 1.3 29.8 26.0 Housing 31.12 223.0 1.3 31.0 28.2 Rentals for housing units (service) 30.72 222.1 1.2 30.6 28.0 Services for the maintenance and 0.41 289.0 9.0 59.2 42.0 repair of the dwelling Water, electricity and fuel 4.38 173.9 1.1 20.4 10.3 5.Furnishings, household equipment and routine household 3.93 424.9 3.0 71.3 50.2 maintenance 6.
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