The latest report of CBI on Consumer Price Index (CPI) shows 1.4 percent increase in the month of the Iranian year “Azar” (ending December 20). The inflation rate has advanced 8.6 percent over the last twelve months.
Summary Results of the CPI for Azar (December 20)
|Description||Index Number in Azar 1395 (20th December 2016)||Change compared to previous month %|
|Food and beverages||269.3||2.4|
|Clothing and footwear||312.9||0.7|
|Housing, water, electricity, gas and other fuels||200.2||1.5|
|Furnishings, household equipment and Routine household maintenance||286.6||0.7|
|Recreation and culture||296.1||1.5|
|Restaurants and Hotels||296.0||0.6|
|Miscellaneous goods and services||316.5||0.7|
The food and beverages index increased 2.4 percent in Azar, mainly due to the increases in the indices for fresh vegetables by 10.4 percent, meat 2.9 percent, and dairy products and eggs 1.6 percent.
The index for tobacco was virtually unchanged in Azar.
The clothing and footwear index increased 0.7 percent, mostly as a result of the increases in the indices for ready to wear clothing by 0.7 percent, footwear 1.0 percent, and clothing materials 0.4 percent, and tailoring, cleaning and laundering wage 0.8 percent.
The housing, water, electricity, gas and other fuels index went up 1.5 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 1.5 percent, and maintenance and repair services of the dwelling 0.5 percent.
The furnishings, household equipment and routine household maintenance index rose 0.7 percent. Increases in the indices for glassware, tableware and household utensils by 1.1 percent, household appliances 0.7 percent, goods and services for routine household maintenance 1.0 percent.
The index for health increased 0.6 percent, mostly as a result of the increases in the indices for medical, paramedical and dental services by 0.9 percent, medical products, appliances and equipment 0.6 percent.
The transport index went up 0.4 percent largely due to the increases in the indices for passenger transport services by 0.9 percent and operation of personal transport equipment 0.6 percent.
The index for communication rose 0.2 percent, mostly as a result of the increase in the index for telephone equipment by 1.6 percent.
The recreation and culture index increased 1.5 percent, other recreational items and equipment 2.4 percent, audio-visual, photographic and information processing equipment 1.2 percent, and recreational and cultural services 0.8 percent.
The education index advanced 0.3 percent over this month, mostly as a result of the increase in the index for private supplementary courses tuition fees by 2.3 percent.
The index for restaurants and hotels rose 0.6 percent, mainly due to the advances in the indices for “food away from home” and “catering services” each by 0.7 percent.
The miscellaneous goods and services index increased 0.7 percent in this month. Increases in the indices for personal care by 0.6 percent, goldsmith wage 1.3 percent, and personal effects 0.9 percent were the major reasons for this rise.