Consumer Price Index in the Month of Mehr of the Year 1399
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Consumer Price Index in the Month of Mehr of the Year 13991 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 Mehr2 of the year 1399 stood at 41.4 percent, that is to say, that the national households spent, on average, 41.4 percent higher than the month of Mehr of the year 1398 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 7.0 percentage point increase in comparison with the previous month (Shahrivar, 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 40.5 percent (with a 9.0 percentage point increase) and 41.9 percent (with a 6.0 percentage point increase), respectively. This is while the point-to-point inflation rate for urban households stood at 41.3 percent, which has increased by 6.8 percentage points in comparison with the previous month. Moreover, this rate was 42.2 percent for rural households which increased by 8.1 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 Mehr of the year 1399 stood at 7.0 percent, which increased by 3.4 percentage points in comparison with the previous month (Shahrivar, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 5.7 and 7.6 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 1399 in Gregorian calendar is (20 March 2020-20 March 2021). 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 7.1 percent, which has increased by 3.5 percentage points in comparison with the previous month. This rate was 6.9 percent for rural households which has increased by 3.4 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 Mehr in the year 1399 stood at 27.2 percent, which increased by 1.2 percentage points in comparison with the previous month (Shahrivar, the year 1399). Moreover, the annual inflation rate for urban households is 27.3 percent, which has increased by 1.2 percentage points in comparison with the previous month. This rate is 26.7 percent for rural households indicating a 1.3 percentage point increase in comparison with the previous month. Annual Inflation 29.5 Monthly Inflation Point-to-point 27.2 30.0 28.2 Inflation 26.0 22.5 9.0 7.6 8.0 7.0 4.5 4.1 4.0 4.2 25.0 21.5 7.0 5.7 4.0 3.4 3.6 20.0 6.0 3.5 3.1 5.0 3.6 3.9 3.0 15.0 4.0 3.0 2.5 3.0 2.0 10.0 2.0 1.5 1.0 5.0 1.0 0.0 0.5 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, items and and services and services tobacco Month of Sharivar, the year tobacco 1399 Month of Sharivar, the year 1399 Month of Sharivar, the year 1399 Month of Mehr, the year 1399 Month of Mehr, the year 1399 Month of Mehr, the year 1399 Prices Changes in the Current Month In the major group of "food, beverages and tobacco", the highest increase in the prices was for “Oils and fats” (Pasteurized animal butter and solid oil), “Milk, cheese, and egg” group (egg and pasteurized cream), "vegetable" group (bell pepper, lettuce, pea, onion, and mushroom), “Tea, coffee and other beverages)” (different types of cola and fruit juice) group. In the major group of "non-food items and services", the highest increase in prices went to “Transportation” group (price of different automobiles), “Furnishings, household equipment” group (gas heater, factory-made carpet, plastic kitchen utensils, freezers, and glass kitchen utensils), and “Recreation and culture” group (laptops, computer peripherals, photo cameras, and kid bicycles) compared with the previous month. 2 Price Index Percentage Change in the National Expenditure Deciles in the Current Month The range of an annual inflation rate in the month of Mehr of the year 1399 for various expenditure deciles was fluctuating between 24.4 percent for the first decile (those with the lowest income) and 32.5 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 14.0 11.8 5.9 5.9 6.4 7.2 7.9 General Index 12.0 5.8 5.9 6.2 9.4 10.0 12.0 10.6 6.2 6.1 5.8 5.6 5.6 8.0 6.1 6.0 5.9 5.8 5.4 10.0 8.4 6.0 6.7 7.1 4.0 8.0 6.0 6.0 6.0 5.9 6.0 6.2 2.0 6.0 0.0 4.0 2.0 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 Shahrivar, the Mehr, the Shahrivar, the Mehr, the Shahrivar, the Mehr, the year 1399 year 1399 year 1399 year 1399 year 1399 year 1399 Total country 244.3 261.5 284.4 300.8 229.3 246.8 Urban 243.1 260.3 285.1 301.6 229.1 246.6 Rural 251.0 268.2 282.1 298.0 230.5 248.6 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Shahrivar, Mehr, the Shahrivar, the Mehr, the year Shahrivar, the Mehr, the the year 1399 year 1399 year 1399 1399 year 1399 year 1399 Total country 3.6 7.0 3.0 5.7 3.9 7.6 Urban 3.6 7.1 3.0 5.8 3.9 7.6 Rural 3.5 6.9 2.8 5.6 4.0 7.8 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 Shahrivar, the Mehr, the Shahrivar, the Mehr, the year Shahrivar, the Mehr, the year 1399 year 1399 year 1399 1399 year 1399 year 1399 Total country 34.4 41.4 31.5 40.5 35.9 41.9 Urban 34.5 41.3 31.0 40.1 36.0 41.8 Rural 34.1 42.2 33.4 42.0 34.8 42.3 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Shahrivar, the Mehr, the Shahrivar, the year Mehr, the Shahrivar, Mehr, the year 1399 year 1399 1399 year 1399 the year 1399 year 1399 Total country 26.0 27.2 21.5 22.5 28.2 29.5 Urban 26.1 27.3 21.4 22.2 28.1 29.5 Rural 25.4 26.7 21.9 23.2 28.3 29.6 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Mehr , the year 1399 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 100.0 261.5 7.0 41.4 27.2 1. Food and non-alcoholic 26.64 298.7 5.7 40.4 22.6 beverages Food 25.55 295.9 5.7 40.5 21.8 Bread and cereals 6.67 266.3 6.6 52.6 34.7 Meat, white meat and related 5.91 314.9 3.9 21.9 11.1 products Red and poultry meat 5.14 313.6 3.6 20.3 9.9 Fish and seafood 0.77 323.6 6.2 32.8 20.3 Milk, cheese and eggs 2.80 302.5 7.7 47.8 30.7 Oils and fats 1.29 256.0 16.2 34.8 14.8 Fruit and dried fruit 3.43 324.6 2.3 54.8 23.4 Vegetables ( pulses and vegetables) 3.02 309.5 7.6 51.5 19.9 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump 1.44 282.4 3.4 42.5 31.0 and confectionery ) Food products n.e.c* 0.98 295.4 4.6 16.4 8.3 Tea, coffee, cocoa and fruit juice 1.10 361.5 7.2 38.9 39.6 (non-alcoholic beverages) 2.Tobacco 0.59 396.4 6.5 42.3 17.6 3.Clothing and footwear 4.78 279.8 5.9 39.6 32.3 4.Housing, water, electricity, gas 35.50 203.7 4.5 26.3 23.3 and other fuels Housing 31.12 206.2 3.6 28.8 24.7 Rentals for housing units (service) 30.72 205.8 3.5 28.6 24.6 Services for the maintenance and 0.41 236.9 8.5 43.0 30.3 repair of the dwelling Water, electricity and fuel 4.38 185.4 12.8 9.5 13.1 5.Furnishings, household equipment and routine household 3.93 340.6 8.2 48.7 32.2 maintenance 6.