The Consumer Price Index (CPI), released by CBI shows 1.1 percent increase in the month of the Iranian year “Mordad” (ending August 21). The inflation rate has advanced 8.9 percent over the last twelve months.
Summary Results of the CPI for Mordad (August 21)
|Description||Index Number in Mordad 1395 (21th August 2016)||Change compared to previous month %|
|Food and beverages||264.6||1.1|
|Clothing and footwear||302.2||0.5|
|Housing, water, electricity, gas and other fuels||191.6||1.1|
|Furnishings, household equipment and Routine household maintenance||280.2||0.4|
|Recreation and culture||282.6||0.6|
|Restaurants and Hotels||289.0||0.9|
|Miscellaneous goods and services||309.4||0.8|
The food and beverages index turned up 1.1 percent in Mordad, mainly due to the increases in the indices for meat by 2.7 percent, rice 2.8 percent, milk, cheese and egg 2.0 percent.
The index for tobacco turned down 0.1 percent in Mordad, reflecting 0.2 percent decrease in the index for imported cigarettes.
The clothing and footwear index increased 0.5 percent, mostly as a result of the increases in the indices for footwear by 1.4 percent, ready to wear clothing 0.2 percent, clothing materials 0.8 percent, and tailoring, cleaning and laundering wage 0.4 percent.
The housing, water, electricity, gas and other fuels indexÂ 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 0.6 percent.
The furnishings, household equipment and routine household maintenance index rose 0.4 percent. Increases in the indices for household appliances by 0.5 percent, glassware, tableware and household utensils 0.6 percent, goods and services for routine household maintenance 0.5 percent,Â furniture and furnishing, carpets and other floor coverings 0.1 percent were the main reasons for index rise.
The index for health increased 3.0 percent, mostly as a result of the increases in the indices for hospital services by 4.7 percent, medical, paramedical and dental services 2.0 percent.
The transport index went up 1.0 percent largely due to the increases in the indices for personal transport vehicles by 1.5 percent, passenger transport by road 1.3 percent, operation of personal transport equipment 0.4 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 0.6 percent, as a result of the increases in the indices for package holidays by 2.1 percent, recreational and cultural services 1.8 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 0.8 percent.
The index for restaurants and hotels rose 0.9 percent, mainly due to the advances in the indices for food away from home by 1.0 percent, catering services 0.7 percent.
The miscellaneous goods and services index increased 0.8 percent in this month. Increases in the indices for goldsmith wage by 2.6 percent, and personal care 0.6 percent, and personal effects 0.7 percent were the major reasons for this rise.