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Consumer Price Index in the Month of Bahman of the Year 1398

Consumer Price Index in the Month of Bahman of the Year 1398[1]

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 Bahman2 of the year 1398 stood at 25.0 percent, that is to say that the national households spent, on average, 25.0 percent higher than the month of Bahman in the year 1397 for purchasing “the same goods and services”.

Moreover, in this month, the point-to-point inflation rate experienced a 1.3 percentage point decrease in comparison with the previous month (Dey, the year 1398). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" stood at 19.7 percent (with a 4.3 percentage point decrease) and 27.5 percent (with  a 0.1 percentage point increase), respectively.

This is while the point-to-point inflation rate for urban households stood at 25.1 percent which has decreased by 1.1 percentage points in comparison with the previous month. This rate was 24.4 percent for rural households which decreased by 2.6 percentage points in comparison with the previous month.

Increase 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 Bahman of the year 1398 stood at 1.1 percent, which increased by 0.3 percentage point in comparison with the previous month (Dey, the year 1398). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 0.8 and 1.2 percent, respectively.

 

Please see the attachment for more information.

 

[1]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 1398 in the Gregorian calendar is (21 March 2019-19 March 2020).

2 Iranian months and their equivalent in Gregorian calendar

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

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

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

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

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

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

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Category: Price indices
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