SCI Reports 31.1% in Annualized Inflation for ’Education’

EghtesadOnline: Education, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 31.1% in the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20, 2023).

News ID: ۷۵۲۲۵۸

14 February 2023

Education, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 31.1% in the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20, 2023).

The month-on-month and year-on-year inflation rates of the group reached 0.3% and 31.9% respectively.

The 12 groups of the basket of consumer goods and services surveyed by the SCI include "food and beverages" with a coefficient of 26.64%, "tobacco" with 0.59%, "clothing and shoes" with 4.78%, “housing and utilities" with 35.5% (highest), "furniture, home appliances and their maintenance" with 3.93%, "health and treatment" with 7.14%, "transportation" with 9.41%, "communications" with 2.87%, "leisure and culture" with 1.65%, "education" with 1.86%, "hotels and restaurants" with 1.44%, and "miscellaneous items and services" with 4.18%.