The Consumer Price Index (CPI) increased 0.2 percent in the month of the Iranian year “Mordad” (ending August 22). The inflation rate has advanced 10.0 percent over the last twelve months.

Note: The indices of prices has been calculated based on the new base year 1395 (2016-17) as of July 23.

Summary Results of the CPI for Mordad (August 22); (1395=100)

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The food and beverages index decreased 1.1 percent in Mordad, largely due to the decreases in the indices for fresh fruits by 15.2 percent, fresh vegetables 3.9 percent, and pulses 1.0 percent.

The index for tobacco was unchanged in Mordad.

The clothing and footwear index increased 0.5 percent, mostly as a result of the increases in the indices for footwear by 1.1 percent, tailoring, cleaning and laundering wage 1.1 percent, and clothing materials 0.4 percent.

The housing, water, electricity, gas and other fuels index went up 0.8 percent which was attributed to the advances of the indices for rental equivalence of owner occupied houses by 0.9 percent, rent of residential houses 0.8 percent, and maintenance and repair services of the dwelling 0.6 percent.

The furnishings, household equipment and routine household maintenance index rose 0.5 percent, largely due to the increases in the indices for goods and services for routine household maintenance by 1.0 percent, glassware, tableware and household utensils 0.5 percent, household appliances 0.4 percent.

The index for health increased 1.2 percent, mostly as a result of the increases in the indices for hospital services by 2.9 percent, “medical, paramedical and dental services” 1.1 percent, and “medical products, appliances and equipment” 0.2 percent.

The transport index went up 0.5 percent in Mordad that was principally attributed to the increases in the indices for passenger transport by road by 1.9 percent and operation of personal transport equipment 0.2 percent.

The index for communication increased 0.5 percent, mostly as a result of the increase in the index for telephone and telefax equipment by 2.7 percent.

The recreation and culture index rose 0.9 percent in Mordad, largely due to the increases in the indices for package holidays by 3.0 percent, recreational and cultural services 1.1 percent, TV, radio, recording and production of sound and pictures 0.8 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 0.8 percent.

The index for restaurants and hotels rose 1.1 percent, mainly due to the advances in the indices for catering services by 1.7 percent, food away from home 1.0 percent.

The miscellaneous goods and services index increased 0.9 percent in this month.

Increases in the indices for goldsmith wage by 1.9 percent, personal care 1.0 percent, and personal effects 0.8 percent were the major reasons for this rise.