Restaurants, Hotels Register Highest Price Inflation

According to the latest urban inflation report by the Central Bank of Iran, the CPI increased most (11.9%) for the “Restaurants and Hotels” group, followed by “Food and Beverages” (11.4%). The CPI for “Entertainment and Cultural Activities” rose by 10.9%, “Goods and other Services” by 9.6%; “Furniture and Home Appliances” by 8.3%; “Education” by 8.2%; “Health and Treatment” by 7.9%; “Housing, Water, Electricity and Other Fuels” by 7.4%; “Transportation” by 5.9%; “Clothing and Shoes” by 5.5% and “Tobacco” by 0.4%. The average goods and services CPI for urban areas in the 12 months increased by 9.8% compared with last year’s corresponding period, Financial Tribune reported.