'Health & Treatment' Registers Lowest Monthly Price Rise

EghtesadOnline: The average goods and services Consumer Price Index of health and treatment in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, grew by 23.6% compared with last year’s corresponding period.

News ID: ۷۵۰۹۱۵

07 September 2020

The CPI of the group stood at 194.1, indicating a 1.7% increase compared with the month before—the lowest among 12 groups of the basket of consumer goods and services purchased by households beside the communications group, the Statistical Center of Iran reported.

The index, with a coefficient of 7.14%, registered an increase of 24.2% compared with the similar month of last year.

The average goods and services Consumer Price Index in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 25.8% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.

SCI had put the average annual inflation rate for the preceding Iranian month, which ended on July 21, at 26.4%.

The consumer inflation for the month under review (July 22-Aug. 21) registered a year-on-year increase of 30.4% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending July 21 has been put at 26.9%.

The overall CPI (using the Iranian year to March 2017 as the base year) stood at 235.9 in the month under review, indicating a 3.5% rise compared with the month before.

SCI put average annual inflation for urban and rural areas during the month under review at 25.9% and 25.4%, respectively.

CPI registered a year-on-year increase of 30.6% for urban areas and 29.6% for rural areas in the month ending Aug. 21.

The overall CPI reached 234.7 for urban households and 242.5 for rural households, indicating a month-on-month increase of 3.5% and 3.2% for urban and rural areas, respectively.