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National Consumer Price Index by Expenditure Deciles: in the Month of Esfand of the year 1397

National Consumer Price Index by Expenditure Deciles: in the Month of Esfand [1] of the year 1397[2]

 

The national inflation rate for the month of Esfand of the year 1397 stood at 26.9 percent, fluctuating between 25.9 percent for the first decile (those with the lowest income) and 28.9 percent for the tenth decile (those with the highest income), among the expenditure deciles. The range of the twelve-month inflation changes in the major group of "food, beverages and tobacco" was between 34.9 percent for the first decile and 38.9 percent for the tenth decile. The major group of "non-food items and services” also saw these fluctuations ranging from 18.7 percent for the first decile to 26.7 percent for the tenth decile[3].

 

Inflationary gap increase in deciles

 

 

According to the inflation rates for the expenditure deciles, the deciles inflationary gap in this month stood at 3.0 percent showing a 0.2 percentage point increase compared with the previous month (2.8 percent). The inflationary gap in the major groups of "food, beverages and tobacco” and "non-food items and services" increased by 0.7 and 1.2 percentage points, respectively in contrast to the previous month.

 

 For more information, please see the attachment.

 

[1] . Iranian months and their equivalent in Gregorian calendar

 

Farvardin (21 March-20April)                                                                            Mehr (23 September-22 October)

 

Ordibehesht (21 April-21 May)                                                                        Aban (23 October-21 November)

 

Khordad (22 May-21 June)                                                                              Azar (22 November-21 December)

 

Tir (22 June-22 July)                                                                                        Dey (22 December-20 January)

 

Mordad  (23 July-22 August)                                                                          Bahman (21 January-19 February)

 

Shahrivar (23 August-22 September)                                                             Esfand (20 February-20 March)

[2]- It is the Iranian year which usually begins on the day of 21 March of the Gregorian calendar. To find the corresponding year of the Gregorian calendar, add 621 or 622 (depending on the time of the year) to a solar Hijri year. For example the corresponding year of the year 1397 in the Gregorian calendar is (21 March 2018-20 March 2019).

[3] - Figures are rounded up to a decimal point.

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