Monthly report of CBI on the Consumer Price Index (CPI) shows a 0.8 percent increase in the month of the Iranian year “Tir” (ending July 21). According to the report the inflation rate has advanced 9.2 percent over the last twelve months.


Consumer Price Index

The food and beverages index decreased 0.2 percent in Tir, mainly due to the decreases in the indices for fresh fruits by 12.0 percent, ground vegetables 5.4 percent, root vegetables by 2.4 percent.

The index for tobacco turned down 0.1 percent in Tir, reflecting 0.7 percent decrease in the index for domestic cigarettes.

The clothing and footwear index increased 0.3 percent, mostly as a result of the increases in the indices for ready to wear clothing 0.2 percent, footwear 0.5 percent, clothing materials 0.3 percent, and tailoring, cleaning and laundering wage 0.5 percent.

During this month, the housing, water, electricity, gas and other fuels index  went up 0.5 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” each by 0.5 percent, and maintenance and repair services of the dwelling 0.8 percent.

The furnishings, household equipment and routine household maintenance index rose 0.1 percent. Increases in “household appliances” and “goods and services for routine household maintenance” each by 0.4 percent, “glassware, tableware and household utensils” and “carpets and other floor coverings” each 0.2 percent were the main reasons for index rise.

The index for health increased 5.1 percent, mostly as a result of the increases in the indices for hospital services by 8.7 percent, medical, paramedical and dental services 3.8 percent.

The transport index went up 0.9 percent largely due to the increases in the indices for passenger transport by road 1.8 percent, motorcars 1.2 percent, and operation of personal transport equipment 0.3 percent.

The index for communication turned up 0.2 percent, mostly as a result of increase in the index for telephone equipment by 2.3 percent.

The recreation and culture index turned up 0.8 percent, as a result of the increases in the indices for package holidays by 1.9 percent, and recreational and cultural services 1.2 percent.

The education index advanced 0.4 percent over this month, mostly as a result of the increase in the index for supplementary courses tuition fees by 2.7 percent.

The index for restaurants and hotels rose 0.8 percent, mainly due to the advances in the indices for food away from home by 0.7 percent, catering services 1.0 percent, and accommodation services 1.8 percent.

The miscellaneous goods and services index increased 1.1 percent in this month. Increases in the indices for goldsmith wage by 4.5 percent, and personal care 0.6 percent, and personal effects 0.3 percent were the major reasons for this rise.