Monthly report of CBI on the Consumer Price Index (CPI) shows a 1.2 percent increase in the month of the Iranian year “Khordad” (ending June 20). According to the report the inflation rate has advanced 9.7 percent over the last 12 months.
Summary Results of the CPI for Khordad (June 20)
|Description||Index Number in Khordad 1395 (20th June 2016)||Change compared to previous month %|
|Food and beverages||262.0||2.5|
|Clothing and footwear||299.8||0.4|
|Housing, water, electricity, gas and other fuels||188.7||0.6|
|Furnishings, household equipment and Routine household maintenance||278.7||0.5|
|Recreation and culture||278.7||-0.2|
|Restaurants and Hotels||284.1||0.3|
|Miscellaneous goods and services||303.6||0.8|
The food and beverages index increased 2.5 percent in Khordad, mainly due to the increases in the indices for grapes by 68.8 percent, lime 45.6 percent, watermelon 18.6 percent, poultry 16.1 percent, rice 2.6 percent, apple 8.2 percent.
The index for tobacco turned up 0.7 percent in Khordad, reflecting 1.1 percent increase in the index for imported cigarettes.
The clothing and footwear index increased 0.4 percent, mostly as a result of the increases in the indices for clothing materials by 1.4 percent, ready to wear clothing 0.3, tailoring, cleaning and laundering wage 1.2 percent.
During this month, the housing, water, electricity, gas and other fuels indexÂ went up 0.6 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 0.6 percent, maintenance and repair services of the dwelling 1.0 percent.
The furnishings, household equipment and routine household maintenance index rose 0.5 percent. Increases in household appliances by 0.7 percent, goods and services for routine household 1.0 percent, glassware, tableware and household utensils 0.5 percent were the main reasons for index rise.
The index for health increased 1.6 percent, mostly as a result of the increases in the indices for medical products, appliances and equipment by 3.6 percent, medical, paramedical and dental services 1.2 percent and hospital services 0.9 percent.
The transport index went up 0.7 percent largely due to the increases in the indices for transport services by 2.3 percent, and operation of personal transport equipment 0.3 percent.
The index for communication decreased 0.3 percent, mostly as a result of decrease in the index for telephone equipment by 2.5 percent.
The recreation and culture index went down 0.2 percent, as a result of the decreases in the indices for package holidays by 1.5 percent.
The education index advanced 0.2 percent over this month, mostly as a result of the increase in the index for supplementary courses tuition fees by 1.1 percent.
The index for restaurants and hotels rose 0.3 percent, mainly due to the advances in the indices for “food away from home” and “catering services” each by 0.3 percent, and accommodation services 0.4 percent.
The miscellaneous goods and services index increased 0.8 percent in this month. Increases in the indices for personal care by 1.1 percent, and personal effects
0.4 percent were the major reasons for this rise.