Communications Sector Registers Lowest Inflation Rate
EghtesadOnline: The average Consumer Price Index of the communications sector in the 12-month period ending June 20, which marks the end of the third Iranian month, increased by 8.7% compared with the previous year’s corresponding period—the lowest among 12 groups of the basket of consumer goods and services purchased by households.
The CPI of the group stood at 157.6 for the month, indicating a year-on-year increase of 7%--also the lowest among the 12 groups under review.
The index, with a coefficient of 2.87%, registered a growth of 1% compared with the month before, the Statistical Center of Iran reported.
The overall average goods and services Consumer Price Index in the 12-month period ending June 20 increased by 27.8% compared with the corresponding period of the last year.
SCI had put the average annual inflation rate for the preceding Iranian month, which ended on May 20, 2020, at 29.8%.
The consumer inflation for the month under review (May 21-June 20) registered a year-on-year increase of 22.5% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month ending May 20 was at 21%.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 214.2 for the month, indicating a 2% rise compared with the month before.
CPI registered a year-on-year increase of 22.7% for urban areas and 21.1% for rural areas in the month ending June 20.
The overall CPI reached 212.8 for urban households and 221.9 for rural households, indicating a month-on-month increase of 2% and 2.2% for urban and rural areas, respectively.
SCI put average annual inflation for urban and rural areas at 27.7% and 28.2% respectively.