Price Indices Iran Statistical Yearbook 1391
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20.PRICE INDICES IRAN STATISTICAL YEARBOOK 1391 Introduction elow you will find a short history of Iran adopted the year 1369 as the new base for B examination of prices and calculation of the calculation. the related indices for urban and rural areas In the year 1378 the Central Bank of Iran by both the Central Bank of the Islamic Republic changed the base year from the year 1369 to the of Iran and the SCI. year 1376 for calculation of price index of A. Consumer price index of urban households, consumption goods and services in urban areas. producer price index, wholesale price index for Moreover, since the year 1385, this index was goods and price index for goods exported calculated and disseminated on the basis of the The National Bank of Iran first calculated the base year 1383. It should be mentioned that the cost of living index1 in urban areas and Statistical Centre of Iran started to calculate this wholesale price index for goods in the year 1315. index from the year 1381 and it was decided that In the year 1338, the calculation of the cost of from the year 1390, the information on this index living index and wholesale price index for goods be calculated according to the base year. It was revised due to change of the base year. By should be mentioned that the Statistical Centre of establishment of the Central Bank of Iran in the Iran calculated the information on this index year 1339, the responsibility for calculating such based on the base year 1390 and published them indices was shifted to this Bank. With respect to in the Statistical Yearbook. remarkable changes in households’ consumption Central Bank of the Islamic Republic of Iran patterns and expenditure composition, the started calculation of the producer price Central Bank of Iran took the year 1348 as index in the year 1369. The most important uses the base and made the second revision in of the index are early revealing of inflation trend the calculation of cost of living index and its application in national accounts for and wholesale price index for goods. The adjusting current prices. year 1353 witnessed some changes in national The related publications appear quarterly and economic conditions, which caused it to be annually. selected as the new base year, and the indices Calculation of “the price index for exported calculation underwent the third revision. commoditie” started in the year 1376 in order to Considering the changes happened in the show changes in prices of exported goods. household consumption pattern in the years after Figures relating to price index for exported and the 1357 Islamic Revolution, the year 1361 was imported goods in the previous years were based adopted as the base and the indices calculation on information obtained from the wholesalers was revised again. involved in exports and imports. But, from the In the year 1369 after the end of the Iran-Iraq year 1382 on, statistics on exported goods, War, which caused changes in economic included in this chapter, is the very information conditions, revision in the base year was obtained from the Customs, which covers all considered necessary and the Central Bank of exported items. 843 20.PRICE INDICES IRAN STATISTICAL YEARBOOK 1391 It should be said that since the year 1387 the Base year: is a certain fixed year against which information of Wholesale price index for goods percentage of changes of indices are compared. is not produced in Iran; therefore, the related The index for the base year is equal to 100. tables (20-9 and 20-10 in 1388 yearbooks) have Weight: contribution of any single good or been deleted from the yearbook. service to the set of goods and services subject to B. Consumer price index for rural households indices is called "weight". In consumer price The SCI conducted the retail price survey of indexes for goods and services, contribution of certain consumer goods and services in rural any single good or service equals to a proportion areas for the first time in the year1353.The of expenditure spent by a household to the total results of the survey used to be published in the household expenditure. In wholesale price index, form of average prices of consumer goods and contribution of any single good is equal to services in rural areas as quarterly and annual selling value of wholesale of goods to the total reports until mid-1357. The results of the value of wholesale of goods. In producer price survey for the second half of 1358 and the first index, contribution of any single good or service half of the year1359 were released as average is equal to proportion of the production value or prices and consumer price indices for rural selling value of a single good/service to the households. Consumer price indices for goods production or selling value of the set of goods and services for rural households were calculated and services. and released from the year1361 to the year1375 Urban areas: see Chapter 2, Definitions and with the year 1361 as the base. concepts. Moreover, the year 1374 was adopted as the base Rural areas: see Chapter 2, Definitions and year in the year 1376, and the statistics for the concepts. years 1375 to 1383 were prepared and Producer price index (PPI): shows the trend of disseminated by Ostans and total country. At changes in prices paid to producers in different present, according to the latest revisions, the year economic sectors such as agriculture, fishing, 1381 has been adopted as the base for manufacturing, mining and services. Producer calculation. price refers to the price which the purchaser pays Definitions and concepts to the producer for purchasing each commodity; Consumer price index (CPI): is a measure of it also represents the selling price of goods or changes over the base year in prices of a certain services produced and supplied to wholesalers, fixed number of goods and services consumed domestic retail sellers and other industries and/or by households. exported to foreign countries. Classification of groups for goods and services: Price index for exported commodities: measures goods and services subject to indices are changes in goods prices exported. Exported classified according to their intrinsic nature and commoditiesinclude all commodities which are international classifications as well as national completely produced inside the country or requirements. However, the overall bases of exported as semi-finished goods or raw material. classifications are those recommended by the Selected information United Nations (i.e, the SNA2 for consumer Consumer price indices for goods and services index for goods and services, the SITC3 for for urban households with an increase of 28.6 wholesale trade, and ISIC4 Rev. 3 for producer) percent in the year 1391, compared with the and modified with respect to the economy previous year, reached 128.6 (base year = 1390). considerations of Iran. Compared with the changes in the index of the In these classifications, goods and services are last year, this index experienced an increase of divided into a number of large groups, each of 2.2%. Consumer price indices increased by which consists of several sub-groups. Moreover, 38.2% and 18.7% for two special groups, groups of goods and services are also classified "goods" and "services" in the year 1391 according to special groups in terms of respectively, compared with the year 1390. In requirements. the group for "food, beverages, and tobacco" the 844 20.PRICE INDICES IRAN STATISTICAL YEARBOOK 1391 price indices for tobacco by an increase of 81.7% had the highest change while the price indices compared to the year 1390 increased 88.6 for sugar, sugar lump ,chocolate with a 28% increase percent and reached 442.7 (base year= 1383). had the lowest change. In the group of non-foods and In this sector, the highest increase compared to services, this index for "miscellaneous goods and the previous year, relates to the groups " mineral services" with a 46.5 % increase had the highest products" with a 181.9% rise and the "Optical, change and in the "communication" group with a precision and medical instruments experienced no 7.7% increase had the lowest change. In the year change. 1391, the highest and lowest general index was for the Ostans of Chaharmahal & Bakhtiyari and Kerman namely 135.4 and 124.3 respectively. Consumer price indices for goods and services for rural households in the year 1391 increased by 33.8 percent, compared to previous year, and reached 587.6 (base year=1381). Consumer price indices of rural households for goods and services for two special groups "goods" and "services" compared to the year 1390 increased by 36.8 and 20.9 percent, respectively. In the group "food, beverages, and tobacco", the highest and the lowest increase relate to the group, "tobacco” and "sugar, sugar lump ,chocolate" with 78% and 25.4% increase respectively. In the group "non-food and services", the highest increase relates to the group "miscellaneous goods and services" with an increase of 68.7% and the lowest increase belongs to the group "communications" with a 0.4 percent increase. National producer price index for the year 1391, compared with the year 1390 increased by 29.6 percent and reached 367.4 (base year= 1383). Compared with the changes of the last year, this index had a decrease of 4.6 in the year 1391. Producer price index in "fishing" with an increase of 53.9% compared to the previous year, had the highest increase and also in "education" with an increase of 14% compared with the previous year, had the lowest change.