The Consumer Price Index (CPI) increased 5.5 percent in the month of the Iranian year “Mordad” (ending August 22). The inflation rate has advanced 11.5 percent over the last twelve months.

 Summary Results of the CPI for Mordad (August 22)

cpcpii

The food and beverages index increased 7.6 percent in Mordad, mainly due to the increases in the indices for poultry by 29.1 percent, arboreal fruits except citrus (except pear and grape) 10.9 percent, dairy products and eggs 12.1 percent, livestock meat 6.1 percent, nuts 11.6 percent, fresh vegetables 4.3 percent, fish and seafood 15.3 percent, beverages 7.9 percent.

The index for tobacco rose 24.3 percent in Mordad, due to the increases in the indices for imported cigarettes by 22.0 percent and domestic cigarettes 28.9 percent.

The clothing and footwear index increased 5.4 percent, mostly as a result of the increases in the indices for ready to wear clothing by 4.8 percent, footwear 5.8 percent, clothing materials 10.7 percent, tailoring, cleaning and laundering wage 2.5 percent, and other articles of clothing and clothing accessories 7.0 percent.

During this month, the housing, water, electricity, gas, and other fuels index went up 1.4 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 1.4 percent, and maintenance and repair services of the dwelling 3.2 percent.

The furnishings, household equipment and routine household maintenance index rose 12.2 percent, largely due to the increases in the indices for household appliances by 17.2 percent, furniture and furnishings, carpets and other floor coverings 15.7 percent, glassware, tableware and household utensils 9.8 percent.

The index for health increased 2.9 percent, mostly as a result of the increases in the indices for medical, paramedical and dental services by 4.1 percent, medical products, appliances and equipment 1.8 percent.

The transport index went up 10.9 percent in Mordad that was principally attributed to the increases in the indices for personal transport vehicles by 17.3 percent, transport services 9.4 percent, and operation of personal transport equipment 5.7 percent.

The index for communication increased 5.6 percent, mostly as a result of the increase in the index for telephone equipment by 18.4 percent.

The recreation and culture index rose 14.0 percent in Mordad, largely due to the increases in the indices for package holidays by 25.5 percent, audio-visual, photographic and information processing equipment 23.8 percent, other recreational items and equipment 6.8 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 1.8 percent.

The index for restaurants and hotels rose 3.8 percent, mainly due to the advances in the indices for food away from home by 3.8 percent, catering services 4.4 percent, and accommodation services 0.7 percent.

The miscellaneous goods and services index increased 7.1 percent in this month. Increases in the indices for personal care by 6.8 percent, goldsmith wage 16.9 percent, and personal effects 9.7 percent were the major reasons for this rise.