in Wednesday, April 28, 2021
( Category:
Price indices )
Consumer Price Index in the Month of Farvardin of the Year 1400[1]
Increase 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 Farvardin2 of the year 1400 stood at 49.5 percent, that is to say, that the national households spent, on average, 49.5 percent higher than the month of Farvardin of the year 1399 for purchasing “the same goods and services”.
Moreover, in this month, the point-to-point inflation rate experienced a 0.8 percentage point increase in comparison with the previous month (Esfand, the year 1399). The point-to-point inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 63.1 percent (with a 3.5 percentage point decrease) and 43.0 percent (with a 2.5 percentage point increase), respectively.
This is while the point-to-point inflation rate for urban households stood at 48.8 percent, which increased by 1.0 percentage point in comparison with the previous month. Moreover, this rate was 53.0 percent for rural households which decreased by 0.3 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 Farvardin of the year 1400 stood at 2.7 percent, which increased by 0.9 percentage points in comparison with the previous month (Esfand, the year 1399). The monthly inflation rate for the major groups of "food, beverages and tobacco" and "non-food items and services" were 2.9 and 2.6 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 Gregorian calendar. To find the corresponding year of 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 1400 in Gregorian calendar is (21 March 2021-20 March 2022).
2 Iranian months and their equivalent in Gregorian calendar
Farvardin (21 March-20 April) 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)