Highest, Lowest Inflation Across Iranian Provinces (Dec 2018)

EghtesadOnline: The overall goods and services Consumer Price Index in Iran registered a year-on-year increase of 37.4% in the Iranian calendar month of Azar (Nov. 22-Dec. 21) compared with the similar month of last year.

News ID: ۷۸۴۴۵۱

02 January 2019

The index for Ilam Province had a YOY increase of 44.4% for the month, the highest among all Iranian provinces.

The year-on-year CPI increase was the lowest for Qom with 30.9%, the Statistical Center of Iran reported.

The overall CPI calculated for the country (using the Iranian year to March 2017 as the base year) stood at 151.7 for the month, indicating a 2.6% rise compared with the previous month, Financial Tribune reported.

The growth in the overall CPI compared with the previous month, Aban (Oct. 23-Nov. 21), was the highest (4.4%) for Bushehr Province and lowest (1.7%) for Sistan-Baluchestan.

The overall goods and services CPI in Iran for the 12-month period ending December 21, increased by 18% compared with last year’s corresponding period.

Lorestan registered the highest average annual inflation with 21.9% while Kerman posted the lowest of 14.2%.

Annual inflation gap felt by Iranian households among Iranian provinces was at 7.7% in Azar, indicating a 0.7% increase compared with the month before.

Urban Households

The overall CPI calculated for urban areas stood at 151 in Azar, indicating a 2.5% rise compared with the previous month. The growth in the overall CPI measured for urban households compared with the previous month was the highest (4.4%) for Bushehr Province and lowest (1.6%) for Kermanshah.

The index registered an average year-on-year increase of 36.9% for urban areas.

The urban areas of Ilam Province’s goods and services Consumer Price Index registered a year-on-year increase of 44.9% in Azar compared with the similar month of last year, the highest among all provinces. The year-on-year CPI increase for urban areas was the lowest for Kerman with 30.8%.

The overall goods and services CPI for urban areas of Iran in the 12-month period ending December 21 increased by 18% compared with last year’s corresponding period.

Lorestan registered the highest average annual inflation for urban areas with 21.9% while Hormozgan posted the lowest of 14.9%.

Annual inflation gap among urban areas of Iranian provinces was at 7% in Azar, indicating a 0.5% increase compared with the month before.

Rural Households

The overall CPI calculated for rural areas stood at 155.3 in Azar, indicating a 3% rise compared with the previous month.

The growth in the overall CPI of rural areas compared with the previous month was the highest (5%) for Qom Province and lowest (1.4%) for Ardebil.

The overall index registered an average year-on-year increase of 39.9% for rural areas compared with the similar month of last year.

The rural areas of Kurdestan Province saw goods and services Consumer Price Index register a YOY increase of 47.6% in Azar compared with the similar month of last year, the highest among all provinces. The year-on-year CPI increase for rural areas was the lowest for Kerman with 32.4%.

The average overall goods and services CPI for rural areas of Iran in the 12-month period ending December 21, increased by 18% compared with last year’s corresponding period. Chaharmahal-Bakhtiari Province registered the highest 12-month inflation for rural areas with 22.1% while Kerman posted the lowest of 11.9%.

Annual inflation gap among rural areas of Iranian provinces was at 10.2% in Azar, indicating a 0.9% increase compared with the month before.