Consumer Price Index in the Month of Mordad of the Year 1400

29 August 2021 | 08:46 Code : 19657 news
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News Author: Parisa Shoghi
Consumer Price Index in the Month of Mordad of the Year 1400

Decrease in National Point-to-Point Inflation Rate
Point-to-point inflation rate refers to the percentage change in the price index in comparison with the corresponding month in the previous year. The point-to-point inflation rate in the month of Mordad2 of the year 1400 stood at 43.2 percent, that is to say, that the national households spent, on average, 43.2 percent higher than the month of Mordad of the year 1399 for purchasing “the same goods and services”.

Moreover, in this month, the point-to-point inflation rate experienced a 0.4 percentage point decrease in comparison with the previous month (Tir, the year 1400). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 58.4 percent (with a 1.5 percentage point increase) and 36.1 percent (with a 1.3 percentage point decrease), respectively.

This is while the point-to-point inflation rate for urban households stood at 42.4 percent, which decreased by 0.5 percentage points in comparison with the previous month. Moreover, this rate was 47.7 percent for rural households which experienced no change in comparison with the previous month.

Decrease in the Monthly National Households Inflation Rate
The monthly inflation rate refers to the percentage change in the price index in comparison with the previous month. The monthly inflation rate in the month of Mordad of the year 1400 stood at 3.2 percent, which decreased by 0.3 percentage point in comparison with the previous month (Tir, the year 1400). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 4.6 and 2.4 percent, respectively.

https://www.amar.org.ir/english/SCI-News-Archive/ID/15776/Consumer-Price-Index-in-the-Month-of-Mordad-of-the-Year-1400

 

Parisa Shoghi

News Author

tags: point point point percentage point point point inflation rate point inflation point inflation rate point point inflation month previous month comparison previous month


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