EghtesadOnline: The communications sector experienced the lowest month-on-month, year-on-year and average annual growth in prices among 12 groups of the basket of consumer goods and services purchased by households in the fifth month of the current Iranian year (July 22-Aug. 21).
According to the Statistical Center of Iran, the average goods and services Consumer Price Index in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 6.4% compared with the previous year’s corresponding period.
The CPI of the group stood at 166.1 for the month under review, indicating a 1.7% growth compared with the month before.
The index, with a coefficient of 2.87%, registered a year-on-year increase of 12.5%.
The general average goods and services Consumer Price Index in Iran in the 12-month period ending Aug. 21 increased by 25.8% compared with the corresponding period of last year, latest data released by SCI show.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on July 21, at 26.4%.
The consumer inflation for the month under review (July 22-Aug. 21) registered a year-on-year increase of 30.4% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending July 21 has been put at 26.9%.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 235.9 in the month under review, indicating a 3.5% rise compared with the month before.
SCI put average annual inflation for urban and rural areas during the month under review at 25.9% and 25.4%, respectively.
CPI registered a year-on-year increase of 30.6% for urban areas and 29.6% for rural areas in the month ending Aug. 21.
The overall CPI reached 234.7 for urban households and 242.5 for rural households, indicating a month-on-month increase of 3.5% and 3.2% for urban and rural areas, respectively.