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Consumer Price Index in the Month of Aban of the Year 1399

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Consumer Price Index in the Month of Aban of the Year 1399 Consumer Price Index in the Month of Aban 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 Aban2 of the year 1399 stood at 46.4 percent, that is to say, that the national households spent, on average, 46.4 percent higher than the month of Aban of the year 1398 for purchasing “the same goods and services”. Moreover, in this month, the point-to-point inflation rate experienced a 5.0 percentage point increase in comparison with the previous month (Mehr, 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 56.6 percent (with a 16.1 percentage point increase) and 41.8 percent (with a 0.1 percentage point decrease), respectively. This is while the point-to-point inflation rate for urban households stood at 45.7 percent, which increased by 4.4 percentage points in comparison with the previous month. Moreover, this rate was 50.3 percent for rural households which increased by 8.1 percentage points in comparison with the previous month. Decrease 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 Aban of the year 1399 stood at 5.2 percent, which decreased by 1.8 percentage points in comparison with the previous month (Mehr, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 13.0 and 1.6 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 4.7 percent, which decreased by 2.4 percentage points in comparison with the previous month. This rate was 7.6 percent for rural households which increased by 0.7 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 Aban in the year 1399 stood at 29.0 percent, which increased by 1.8 percentage points in comparison with the previous month (Mehr, the year 1399). Moreover, the annual inflation rate for urban households is 29.0 percent, which has increased by 1.7 percentage points in comparison with the previous month. This rate is 28.8 percent for rural households indicating a 2.1 percentage point increase in comparison with the previous month. Annual Inflation Monthly Inflation 30.9 Point-to-point Inflation 29.5 29.0 14.0 13.0 56.6 30.0 27.2 60.0 25.0 12.0 25.0 22.5 50.0 46.4 41.9 41.8 10.0 41.4 40.5 20.0 7.6 40.0 8.0 7.0 15.0 5.7 30.0 6.0 5.2 10.0 4.0 20.0 5.0 1.6 2.0 10.0 0.0 Total Food, Non-food 0.0 0.0 beverages, items and Total Food, Non-food Total Food, Non-food and tobacco services beverages, items and beverages, items and and tobacco services and tobacco services Month of Mehr, the year 99 Month of Mehr, the year 99 Month of Mehr, the year 99 Month of Aban, the year 99 Month of Aban, the year 99 Month of Aban, the year 99 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 (tomatoes, onions, bell peppers, green beans, potatoes), "red meat and poultry meat" group (factory- farmed chicken, beef and lamb meat), "oils and fats" group (solid vegetable oil, unpasteurized butter, liquid oil), "fruits and nuts" group (tangerines, bananas, grapes). In the main group of "non-food items and services", the highest increase in prices went to "hotel and restaurant" group (ready-maded meals), "furniture and home appliances" group (gas heater, detergents, plastic kitchen appliances) compared with the previous month. Also, "transportation" group (types of passenger cars) has decreased 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 Aban of the year 1399 for various expenditure deciles was fluctuating between 26.3 percent for the first decile (those with the lowest income) and 35.2 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 General 14.7 Index 16.0 13.7 13.4 13.3 13.1 12.9 12.8 12.7 12.5 12.5 14.0 9.0 8.4 12.0 7.7 8.0 7.2 6.8 10.0 7.0 6.4 6.0 8.0 5.4 6.0 4.8 6.0 5.0 3.9 4.0 2.1 2.2 2.1 2.0 1.9 1.8 1.5 1.3 0.8 4.0 2.0 0.1 3.0 2.3 0.0 2.0 1.0 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 Mehr, the year Aban, the Mehr, the year Aban, the Mehr, the year Aban, the 1399 year 1399 1399 year 1399 1399 year 1399 Total country 261.5 275.0 300.8 339.8 246.8 250.7 Urban 260.3 272.6 301.6 339.8 246.6 250.1 Rural 268.2 288.6 298.0 339.8 248.6 255.1 Table 2. Monthly percentage change in the CPI General index Food, beverages and tobacco Non-food items and services Month and year Description Mehr, the Aban, the Mehr, the year Aban, the year Mehr, the year Aban, the year 1399 year 1399 1399 1399 1399 year 1399 Total country 7.0 5.2 5.7 13.0 7.6 1.6 Urban 7.1 4.7 5.8 12.7 7.6 1.4 Rural 6.9 7.6 5.6 14.0 7.8 2.6 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 Mehr, the Aban, the Mehr, the year Aban, the year Mehr, the Aban, the year 1399 year 1399 1399 1399 year 1399 year 1399 Total country 41.4 46.4 40.5 56.6 41.9 41.8 Urban 41.3 45.7 40.1 55.8 41.8 41.6 Rural 42.2 50.3 42.0 59.4 42.3 43.2 Table.4. Twelve-month inflation rate of the CPI Non-food items and General index Food, beverages and tobacco services Description Month and year Mehr, the year Aban, the Mehr, the year Aban, the Mehr, the Aban, the 1399 year 1399 1399 year 1399 year 1399 year 1399 Total country 27.2 29.0 22.5 25.0 29.5 30.9 Urban 27.3 29.0 22.2 24.7 29.5 30.9 Rural 26.7 28.8 23.2 26.0 29.6 31.0 4 Consumer price index of goods and services for all national households by major sections, some groups and goods categories in the month of Aban, 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 100.00 275.0 5.2 46.4 29.0 1. Food and non-alcoholic 26.64 338.0 13.2 56.7 25.1 beverages Food 25.55 335.6 13.4 57.1 24.4 Bread and cereals 6.67 284.5 6.8 59.4 37.3 Meat, white meat and related 5.91 370.6 17.7 46.1 12.1 Products Red and poultry meat 5.14 373.6 19.1 46.4 10.9 Fish and seafood 0.77 350.4 8.3 44.0 21.0 Milk, cheese and eggs 2.80 312.0 3.1 48.5 32.5 Oils and fats 1.29 304.0 18.7 59.8 18.6 Fruit and dried fruit 3.43 355.7 9.6 65.2 27.7 Vegetables ( pulses and vegetables) 3.02 421.8 36.3 91.8 25.3 Sugar, jam, honey, chocolate and confectionery ( sugar, sugar lump 1.44 292.3 3.5 47.2 31.9 and confectionery ) Food products n.e.c* 0.98 309.9 4.9 24.5 9.0 Tea, coffee, cocoa and fruit juice 1.10 393.3 8.8 49.9 39.9 (non-alcoholic beverages) 2.Tobacco 0.59 420.9 6.2 50.7 21.8 3.Clothing and footwear 4.78 291.1 4.0 42.9 33.0 4.Housing, water, electricity, gas 35.50 205.8 1.0 26.0 23.6 and other fuels Housing 31.12 208.2 1.0 28.4 25.3 Rentals for housing units (service) 30.72 207.8 1.0 28.2 25.2 Services for the maintenance and 0.41 242.2 2.2 44.1 31.9 repair of the dwelling Water, electricity and fuel 4.38 188.0 1.4 9.7 10.9 5.Furnishings, household equipment and routine household 3.93 358.6 5.3 55.0 34.1 maintenance 6.
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