The latest report of CBI on Consumer Price Index (CPI) shows 1.1 percent increase in the month of the Iranian year “Farvardin” (ending April 20). The inflation rate has advanced 9.5 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 2.9 percent in Farvardin, mainly due to the increases in the indices for fresh fruits by 9.6 percent, ground vegetables 17.3 percent, rice 1.3 percent, beverages 1.3 percent.

The index for tobacco rose 0.2 in Farvardin, reflecting 0.2 percent increase in the index for imported cigarettes.

The clothing and footwear index increased 0.6 percent, mostly as a result of the increases in the indices for footwear by 2.1 percent, ready to wear clothing 0.2 percent, and “clothing materials” and “tailoring, cleaning and laundering wage” each 0.5 percent .

The housing, water, electricity, gas and other fuels index¬† went up 0.3 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 0.3 percent, and “maintenance and repair services of the dwelling” ¬†each by 0.4 percent.

The furnishings, household equipment and routine household maintenance index rose 0.2 percent, largely due to the increases in the indices for glassware, tableware and household utensils by 0.6 percent, household appliances 0.4 percent, “carpets and other floor coverings” and “household textiles” each 0.2 percent.

The index for health increased 0.3 percent, mostly as a result of the increases in the indices for “medical, paramedical and dental services”, and “medical products, appliances and equipment” each by 0.5 percent.

The transport index went up 0.4 percent largely due to the increases in the indices for personal transport vehicles by 0.7 percent, passenger transport by road 0.3 percent.

The index for communication turned up 0.3 percent, mostly as a result of the decrease in the index for telephone equipment by 2.2 percent.

The recreation and culture index decreased 3.3 percent, largely due to the decreases in the indices for package holidays by 13.8 percent, and natural flowers 2.4 percent.

The education index was virtually unchanged in Farvardin.

The index for restaurants and hotels rose 1.3 percent, mainly due to the advances in the indices for food away from home by 1.3 percent, catering services 0.9 percent, and accommodation services 2.8 percent.

The miscellaneous goods and services index increased 0.6 percent in this month. Increases in the indices for personal care by 0.4 percent, goldsmith wage 1.4 percent, funeral expenses 3.9 percent, and personal effects 0.4 percent were the major reasons for this rise.