The latest report of CBI on Consumer Price Index (CPI) shows 0.2 percent increase in the month of the Iranian year “Ordibehesht” (ending May 21). The inflation rate has advanced 9.8 percent over the last twelve months.

Summary Results of the CPI for Ordibehesht (May 21)

CPI-ORD96-report

The food and beverages index turned down 0.5 percent in Ordibehesht, largely due to the decreases in the indices for eggs by 16.6 percent, watermelon 8.7 percent, poultry 7.2 percent, and banana 6.2 percent.

The index for tobacco rose 1.0 percent in Ordibehesht, largely due to the increases in the indices for domestic cigarettes by 1.7 percent and imported cigarettes 0.6 percent.

The clothing and footwear index increased 0.6 percent, mostly as a result of the increases in the indices for footwear by 1.8 percent, ready to wear clothing 0.2 percent, clothing materials 1.0 percent, and tailoring, cleaning and laundering wage 0.7 percent.

The housing, water, electricity, gas and other fuels index went up 1.0 percent which was attributed to the advances of the indices for rental equivalence of owner occupied houses by 1.1 percent, rent of residential houses 1.0 percent, and maintenance and repair services of the dwelling 0.9 percent.

The furnishings, household equipment and routine household maintenance index rose 0.5 percent, largely due to the increases in the indices for “household appliances”and “goods and services for routine household maintenance” each by 0.6 percent, glassware, tableware and household utensils 0.5 percent, carpets and other floor coverings 0.8 percent, and household textiles 0.6 percent.

The index for health increased 0.3 percent, mostly as a result of the increases in the indices for medical, paramedical and dental services by 0.6 percent, medical products, appliances and equipment 0.2 percent, and hospital services 0.1 percent.

The transport index went up 0.1 percent in Ordibehesht that was principally attributed to the increases in the indices for operation of personal transport equipment by 0.2 percent and motor cycles 1.7 percent.

The index for communication turned down 0.3 percent, mostly as a result of the decrease in the index for telephone and telefax equipment by 3.2 percent.

The recreation and culture index decreased 0.2 percent, largely due to the decreases in the indices for package holidays by 2.1 percent and audio-visual, photographic and information processing equipment 0.5 percent.

The education index advanced 0.1 percent over this month, mostly as a result of the increase in the index for supplementary courses tuition fees by 0.7 percent.

The index for restaurants and hotels rose 1.1 percent, mainly due to the advances in the indices for food away from home by 1.2 percent and catering service 1.0 percent.

The miscellaneous goods and services index increased 0.7 percent in this month. Increases in the indices for personal care by 0.5 percent and goldsmith wage 0.2 percent were the major reasons for this rise.