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Consumer Price Index in the Month of Mordad of the Year 13971

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Consumer Price Index in the Month of Mordad of the Year 13971 Consumer Price Index in the Month of Mordad of the Year 13971 Increase in the Nation’s Households Inflation Rate The general index (base year 1395=100) stood at 127.7 in the month of Mordad 2 of the year 1397 indicating a 5.2 percent rise compared to the previous month. In this month, the general index percentage change is 19.3 percent compared to the corresponding month of the previous year, that is to say if the “same range of goods and services” was purchased by the nation's households, on average, 19.3 percent higher than the month of Mordad in the year 1396 would be spent. These goods and services increased by 5.5 percentage points over the previous month (13.8 percent). The twelve- month inflation rate ending to the month of Mordad of the year 1397 reached 9.7 percent which increased by 1.0 percentage point over the same information in the previous month (8.7 percent). The CPI for the major group of "food, beverages and tobacco" and for the major group of "non-food items and services" increased by 9.1 and 3.6 percent, respectively compared to the previous month. The twelve-month inflation rate ending to the month of Mordad of the year 1397 for these two groups are 12.1 and 8.8 percent respectively. Increase in the Nation's Urban Households Inflation Rate The general price index for the country's urban households in the month of Mordad of the year 1397 stood at 127.6, showing a 5.1 percent increase compared to the previous month. Percentage change of the general index is 19.4 percent compared to the corresponding month of the previous year and the twelve month inflation rate ending to the current month for these households is 9.8 percent. 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 1397 in the Gregorian calendar is (21 March 2018-20 March 2019). 2 Iranian months and their equivalent in Gregorian calender Farvardin (21 March-20April) 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 Increase in the Nation's Rural Households Inflation Rate The general price index for the country's rural households in the month of Mordad of the year 1397 stood at 128.0, indicating a 5.9 percent increase compared to the previous month. Percentage change of the general index is 18.8 percent compared to the corresponding month of the previous year, and the twelve month inflation rate ending to the current month for these households is 9.1 percent. Non-food items and services Food, beverages and General Inflation Rate inflation rate tobacco inflation rate 10.0 10.0 9.7 9.8 8.8 8.9 14.0 7.9 8.0 7.7 12.1 12.3 8.0 7.1 12.0 10.8 11.0 11.2 9.5 9.9 9.1 10.0 6.0 9.0 8.7 8.8 8.0 4.0 6.0 8.5 8.2 2.0 4.0 8.0 2.0 0.0 7.5 0.0 Total Urban Rural Total Urban Rural country 7.0 country Total Urban Rural country The month of Tir The month of Tir The month of Mordad The month of Mordad The month of Tir The month of Mordad Prices Changes in the Current Month In the current month, all sub-classes of the general index experienced price rises. In the major group of "food, beverages and tobacco", the highest increase of prices belongs to “tobacco” group, “ red and white meat and related products” (factory- farmed chicken, fishes and read meats) group “ milk, cheese and egg” ( factory-farmed eggs, pasteurized yoghurt, pasteurized cheese, pasteurized milk) group, “ fruit and dried fruits ( pistachio, nut kernel ) group, beverages (mineral water) group, “ non-classified food products” ( tomato paste) group, “ sugar lump, sugar and confectionary, ( pasteurized ice cream, sugar) group , “vegetables” ( carrot ) group, oils and fats (margarine) group compared to the previous month. In the major group of "non-food items and services", the highest increase of prices goes to “furnishings, household appliances and routine household maintenance” ( ironing machine, washing machine, refrigerators, freezers, kitchen appliances) group, “ transport “ ( vehicles, bicycles, domestic travel ticket by air) and “recreation and culture” ( computer monitor and other related accessories, Tablet device) group, compared to the previous month. 2 Price Index Percentage Change in the Total Country Expenditure Deciles in the Current Month The range of twelve -month inflation rate ending to the month of Mordad of the year 1397 for various deciles is fluctuating between 9.2 percent for the first decile (those with the lowest income ) to 10.2 percent for the tenth decile ( those with the highest decile). 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 to the previous month are shown as follows: Monthly Pecentage Change in the Month General Index Monthly Pecentage Change of Mordad of the Year 1397 in the Month of Mordad of the Year 1397 9.3 9.3 10.0 9.2 9.2 9.2 9.2 9.1 9.0 8.8 8.8 6.0 9.0 5.9 5.9 5.9 8.0 7.0 5.8 5.7 5.7 6.0 5.0 5.7 5.0 3.9 4.3 3.4 3.4 3.7 5.6 4.0 3.2 3.3 3.3 3.3 5.6 3.0 5.5 5.5 5.4 5.4 2.0 5.4 1.0 5.4 5.4 0.0 5.3 5.2 5.1 Food, beverages and tobacco inflation rate Non-food items and services inflation rate 3 Table 1. Consumer price index for goods and services of households (CPI) 1395=100 Description General index Food, beverages and tobaccos Non-food items and services Month Tir Mordad Tir Mordad Tir Mordad the year 1397 the year 1397 the year 1397 the year 1397 the year 1397 the year 1397 Total country 121.4 127.7 128.3 140.0 118.8 123.1 Urban 121.5 127.6 128.5 140.4 119.1 123.4 Rural 120.9 128.0 127.6 138.7 116.5 121.1 Table 2. Monthly percentage change of index (CPI) Food, beverages and General index Non-food items and services tobaccos Month Description Tir Mordad Tir Mordad Tir Mordad the year the year the year the year the year 1397 the year 1397 1397 1397 1397 1397 Total country 4.4 5.2 3.2 9.1 4.9 3.6 Urban 4.6 5.1 3.2 9.3 5.2 3.6 Rural 3.2 5.9 3.1 8.7 3.3 3.9 Table 3. Percentage change of CPI compared to the corresponding month of the previous year General index Food, beverages and tobaccos Non-food items and services Month Description Mordad Tir Tir Mordad Tir Mordad the year the year 1397 the year 1397 the year 1397 the year 1397 the year 1397 1397 Total country 13.8 19.3 16.0 26.3 13.0 16.6 Urban 14.0 19.4 16.0 26.5 13.4 16.9 Rural 12.7 18.8 16.0 25.6 10.4 14.2 Table.4.Twelve-month inflation rate of CPI General index Food, beverages and tobaccos Non-food items and services Description Month Tir Mordad Tir Mordad Tir Mordad the year 1397 the year 1397 the year 1397 the year 1397 the year 1397 the year 1397 Total country 8.7 9.7 10.8 12.1 7.9 8.8 Urban 8.8 9.8 11.0 12.3 8.0 8.9 Rural 8.2 9.1 9.9 11.2 7.1 7.7 4 Consumer price index for goods and services of the households in the total country by major sections, some groups and goods classes in the month of Mordad , the year 1397 1395=100 Percentage changes of CPI 12 months ending to Compared Compared to the 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 100.00 127.7 5.2 19.3 9.7 1. Food and non-alcoholic beverages 26.64 138.5 8.6 24.7 11.8 Food 25.55 138.3 8.7 24.5 11.7 Bread and cereals 6.67 122.6 2.8 14.6 9.4 Meat, white meat and related 5.91 150.6 13.8 27.8 16.0 products Red and poultry meat 5.14 153.2 14.0 27.9 17.0 Fish and seafood 0.77 133.2 11.8 27.5 8.6 Milk, cheese and eggs 2.80 136.3 12.3 25.6 13.7 Oils and fats 1.29 131.2 5.6 21.4 10.4 Fruit and dried fruit 3.43 161.2 11.7 58.2 11.7 Vegetables ( pulses and vegetables) 3.02 140.5 5.9 11.5 11.5 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump and 1.44 120.5 6.5 14.5 5.1 confectionery ) Food products n.e.c* 0.98 125.6 7.6 19.9 8.4 Tea, coffee, cocoa and fruit juice 1.10 142.0 8.0 29.3 13.6 (non-alcoholic beverages) 2.Tobacco 0.59 210.9 26.6 100.9 23.5 3.Clothing and footwear 4.78 124.0 5.1 17.7 8.0 4.Housing, water, electricity, gas 35.50 121.6 2.4 14.5 9.1 and other fuels Housing 31.12 122.9 1.9 16.5 10.0 Rentals for housing units (service) 30.72 122.9 1.9 16.6 10.1 Services for the maintenance and 0.41 120.7 3.0 14.4 7.5 repair of the dwelling Water, electricity and fuel 4.38 112.5 6.5 1.0 2.4 5.Furnishings, household equipment 3.93 130.0 7.7 24.3 8.9 and routine household maintenance 6.
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