The Consumer Price Index (CPI) increased 0.8 percent in the month of the Iranian year “Farvardin” (ending April 20). The inflation rate has advanced 9.2 percent over the last twelve months.

 Summary Results of the CPI for Farvardin (April 20)

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The food and beverages index increased 1.7 percent in Farvardin, mainly due to the increases in the indices for fresh fruits by 5.4 percent, meat 3.3 percent, ground vegetables (except zucchini and green beans) 5.4 percent, rice 1.7 percent.

The index for tobacco rose 2.4 percent in Farvardin, due to the increases in the indices for imported cigarettes by 1.9 percent and domestic cigarettes 4.2 percent.

The clothing and footwear index increased 0.6 percent, mostly as a result of the increases in the indices for ready to wear clothing by 0.5 percent, clothing materials 2.3 percent, footwear 0.3 percent, and tailoring, cleaning and laundering wage 0.8 percent.

During this month, the housing, water, electricity, gas, and other fuels index went up 0.4 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 0.4 percent, and maintenance and repair services of the dwelling 0.8 percent.

The furnishings, household equipment and routine household maintenance index rose 1.1 percent, largely due to the increases in the indices for household appliances by 1.7 percent, glassware, tableware and household utensils 1.6 percent, goods and services for routine household maintenance 0.8 percent, carpets and other floor coverings 1.5 percent, household textiles 1.7 percent, and tools and equipment for house 1.6 percent.

The index for health increased 0.4 percent, mostly as a result of the increases in the indices for medical products, appliances and equipment by 1.0 percent and medical, paramedical and dental services 0.3 percent.

The transport index went up 0.8 percent in Farvardin that was principally attributed to the increases in the indices for personal transport vehicles by 1.7 percent and operation of personal transport equipment 0.6 percent.

The index for communication increased 0.8 percent, mostly as a result of the increase in the index for telephone equipment by 4.1 percent.

The recreation and culture index turned down 2.8 percent in Farvardin, largely due to the decrease in the index for package holidays by 15.0 percent.

The education index was unchanged in Farvardin.

The index for restaurants and hotels rose 1.1 percent, mainly due to the advances in the indices for food away from home by 1.3 percent, and catering services 1.5 percent. The index for accommodation services decreased by 3.4 percent in this month.

The miscellaneous goods and services index increased 1.7 percent in this month. Increases in the indices for personal care by 1.4 percent, goldsmith wage 7.2 percent, funeral expenses 2.6 percent, and personal effects 1.1 percent were the major reasons for this rise.