The Consumer Price Index (CPI) increased 3.4 percent in the month of the Iranian year “Tir” (ending July 22). The inflation rate has advanced 10.2 percent over the last twelve months.
Summary Results of the CPI for Tir (July 22)
The food and beverages index increased 4.4 percent in Tir, mainly due to the increases in the indices for fresh fruits by 13.2 percent, ground vegetables 14.9 percent, nuts 8.5 percent, fish and seafood 6.5 percent, poultry 3.6 percent, beverages 4.4 percent, and oils and fats 5.0 percent.
The index for tobacco rose 33.3 percent in Tir, due to the increases in the indices for imported cigarettes by 28.7 percent and domestic cigarettes 43.5 percent.
The clothing and footwear index increased 3.9 percent, mostly as a result of the increases in the indices for ready to wear clothing by 3.0 percent, footwear 5.3 percent, clothing materials 7.6 percent, and tailoring, cleaning and laundering wage 2.6 percent.
During this month, the housing, water, electricity, gas, and other fuels index went up 1.2 percent which was attributed to the advances of the indices for “rental equivalence of owner-occupied houses” and “rent of residential houses” each by 1.2 percent, and maintenance and repair services of the dwelling 2.3 percent.
The furnishings, household equipment and routine household maintenance index rose 6.3 percent, largely due to the increases in the indices for household appliances by 6.9 percent, glassware, tableware and household utensils 9.0 percent, furniture and furnishings, carpets and other floor coverings 6.5 percent, goods and services for routine household maintenance 3.0 percent, household textiles 6.4 percent, and tools and equipment for house 6.6 percent.
The index for health increased 2.5 percent, mostly as a result of the increases in the indices for medical, paramedical and dental services by 2.9 percent, medical products, appliances and equipment 2.1 percent, and hospital services 1.8 percent.
The transport index went up 5.5 percent in Tir that was principally attributed to the increases in the indices for personal transport vehicles by 9.7 percent, transport services 4.0 percent, and operation of personal transport equipment 2.6 percent.
The index for communication increased 6.9 percent, mostly as a result of the increase in the index for telephone equipment by 27.6 percent.
The recreation and culture index rose 8.9 percent in Tir, largely due to the increases in the indices for package holidays by 19.2 percent, audio-visual, photographic and information processing equipment 11.6 percent, other recreational items and equipment 4.7 percent, recreational and cultural services 2.9 percent, stationery 5.4 percent, and musical instruments 50.6 percent.
The education index advanced 0.5 percent over this month, mostly as a result of the increase in the index for supplementary courses tuition fees by 4.5 percent.
The index for restaurants and hotels rose 3.1 percent, mainly due to the advances in the indices for food away from home by 3.0 percent, catering services 3.3 percent, and accommodation services 2.6 percent.
The miscellaneous goods and services index increased 4.9 percent in this month. Increases in the indices for personal care by 4.4 percent, goldsmith wage 14.2 percent, and personal effects 6.2 percent were the major reasons for this rise.