‘Communications’ Hit 9.8 Percent Inflation

EghtesadOnline: Communications, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 9.8% in the 11th month of the current Iranian year (Jan. 21-Feb. 19) — the lowest among the groups reviewed.

News ID: ۷۵۲۳۴۲

12 March 2023

Communications, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 9.8% in the 11th month of the current Iranian year (Jan. 21-Feb. 19) — the lowest among the groups reviewed.

The month-on-month and year-on-year inflation rates of the group reached 1.6% and 54.3% respectively. The YOY rate was the lowest among the groups surveyed.

The 12 groups of the basket of consumer goods and services surveyed by 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 medical 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%.