The latest report of CBI on Consumer Price Index (CPI) shows 2.0 percent increase in the month of the Iranian year “Esfand” (ending March 20). The inflation rate has advanced 9.0 percent over the last twelve months.

Summary Results of the CPI for Esfand (March 20)

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The food and beverages index increased 4.9 percent in Esfand, mainly due to the increases in the indices for fresh fruits by 13.7 percent, fresh vegetable 20.3 percent, fish 5.7percent, meat 2.9 percent.

The index for tobacco was unchanged in Esfand.

The clothing and footwear index turned up 0.5 percent, mostly as a result of the increase in the indices for cleaning and laundering wage by 1.6 percent, clothing materials 1.2 percent.

During this month, the housing, water, electricity, gas and other fuels index¬† went up 0.4 percent which was attributed to the advances of the indices for “rental equivalence of owner occupied houses” and “rent of residential houses” and “maintenance and repair services of the dwelling” ¬†each by 0.4 percent.

The furnishings, household equipment and routine household maintenance index rose 1.0 percent, largely due to the increases in the indices for furniture and furnishings, carpets and other floor coverings by 1.7 percent, household textiles 1.0 percent, goods and services for routine household maintenance 0.8 percent.

The index for health increased 0.7 percent, mostly as a result of the increases in the indices for medical, paramedical and dental services by 0.9 percent, hospital services 0.6 percent, and medical products, appliances and equipment 0.3 percent.

The transport index went up 0.4 percent largely due to the increases in the indices for personal transport vehicles by 0.4 percent, operation of personal transport equipment 0.3 percent.

The index for communication went down 0.1 percent, mostly as a result of the decrease in the index for telephone equipment by 1.5 percent.

The recreation and culture index increased 3.9 percent, largely due to the increases in the indices for package holidays by 15.2 percent, other recreational items and equipment 2.3 percent, recreational and cultural services 0.4 percent.

The education index advanced 0.1 percent over this month, mostly as a result of the increase in the index for private schools and supplementary courses tuition fees by 0.2 percent.

The index for restaurants and hotels rose 1.3 percent, mainly due to the advances in the indices for accommodation services by 3.7 percent, and food away from home 1.3 percent.

The miscellaneous goods and services index increased 0.8 percent in this month. Increases in the indices for personal care by 1.0 percent, personal effects 0.7 percent and goldsmith wage 0.3 percent were the major reasons for this rise.