The latest report of CBI on Consumer Price Index (CPI) shows 0.7 percent increase in the month of the Iranian year “Shahrivar” (ending September 21). The inflation rate has advanced 8.8 percent over the last twelve months.
Summary Results of the CPI for Shahrivar (September 21)
|Description||Index Number in Shahrivar 1395 (21th September 2016)||Change compared to previous month %|
|Food and beverages||264.0||-0.2|
|Clothing and footwear||303.6||0.5|
|Housing, water, electricity, gas and other fuels||193.7||1.1|
|Furnishings, household equipment and Routine household maintenance||281.5||0.5|
|Recreation and culture||291.8||3.3|
|Restaurants and Hotels||290.5||0.5|
|Miscellaneous goods and services||311.6||0.7|
The food and beverages index turned down 0.2 percent in Shahrivar, mainly due to the decreases in the indices for fresh fruits by 6.4 percent, poultry 2.9 percent, and vegetables 5.2 percent.
The index for tobacco was virtually unchanged in Shahrivar.
The clothing and footwear index increased 0.5 percent, mostly as a result of the increases in the indices for ready to wear clothing by 0.3 percent, foot wear 0.7 percent, tailoring, cleaning and laundering wage 1.4 percent, and clothing materials 0.6 percent.
The housing, water, electricity, gas and other fuels index went up 1.1 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 0.7 percent.
The furnishings, household equipment and routine household maintenance index rose 0.5 percent. Increases in the indices for glassware, tableware and household utensils by 1.0 percent, household appliances 0.6 percent, goods and services for routine household maintenance 0.4 percent, furniture and furnishing 0.2 percent were the main reasons for index rise.
The index for health increased 1.7 percent, mostly as a result of the increases in the indices for hospital services by 2.6 percent, medical, paramedical and dental services 1.4 percent.
The transport index went up 0.9 percent largely due to the increases in the indices for personal transport vehicles by 1.4 percent, passenger transport by road 1.0 percent, operation of personal transport equipment 0.4 percent.
The index for communication rose 0.2 percent, mostly as a result of the increase in the index for telephone equipment by 1.7 percent.
The recreation and culture index turned up 3.3 percent, as a result of the increases in the indices for books, newspapers and stationery by 6.6 percent, package holidays 4.5 percent, recreation 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 private schools and supplementary courses tuition fees by 0.8 percent.
The index for restaurants and hotels rose 0.5 percent, mainly due to the advances in the indices for food away from home and catering services each by 0.5 percent, and accommodation services 0.9 percent.
The miscellaneous goods and services index increased 0.7 percent in this month. Increases in the indices for personal effects by 2.1 percent, goldsmith wage 0.7 percent, and personal care 0.6 percent were the major reasons for this rise.