‘Food and Beverages’ Inflation Highest Among 12 Groups

EghtesadOnline: The average goods and services Consumer Price Index of “food and beverages” group in the 12-month period ending Feb. 18, which marks the end of the 11th month of the current Iranian year, increased by 34.7% compared with last year’s corresponding period.

News ID: ۷۸۶۱۱۷

28 February 2021

Latest data released by the Statistical Center of Iran show the average annual inflation of the group was the highest among the 12 groups of the basket of consumer goods and services purchased by households.

With a coefficient of 26.64%, the CPI of “food and beverage” stood at 377.4 in the month ending Feb. 18, indicating a 5.3% increase compared with the month before.

The index registered a year-on-year increase of 67.2%, which was also the highest among the groups.

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