Annual inflation rate reached 30.5% in December / point to point and monthly inflation rate reduction

According to Eqtesadonline, the Statistics Center published a report on the Azar 99 consumer price index. According to the report, the annual inflation rate for households in the country this month reached 2.8 percent, which shows an increase of 2.8 percent compared to the previous month.

Reducing the inflation rate of the country’s households

Point inflation refers to the percentage change in the price index number compared to the same month last year. The point inflation rate has reached 1.8 percent in December; In other words, the country’s households have spent an average of 2.8 percent more than Azar 28 to buy a “set of identical goods and services.”

The point inflation rate in this month has decreased by 1.5 percentage points compared to the previous month. The point inflation rate of the main group “Foods, Beverages and Tobacco” has increased by 1.8 percentage points to 3.8 percent and the group “Non-food goods and services” has decreased by 3.8 percentage points to 2.7 percent.

At the same time, the point inflation rate for urban households is 3.8 percent, which is a decrease of 2.8 percentage points compared to the previous month. Also, this rate for rural households was 2.3 percent, which is a decrease of 0.8 percentage points compared to the previous month.

Reducing the monthly inflation rate of the country’s households

Monthly inflation rate means the percentage change in the price index number compared to the previous month. The monthly inflation rate reached 4.1 percent in December, which is a decrease of 2.8 percentage points compared to the previous month. Monthly inflation for the major groups of “food, beverages and tobacco” and “non-food goods and services” was 2.8 percent and 3.8 percent, respectively.

Meanwhile, the monthly inflation rate for urban households is 2.8 percent, which is a decrease of 0.8 percentage points compared to the previous month. Also, this rate for rural households was 2.3 percent, which is a decrease of 0.8 percentage points compared to the previous month.

Increasing the annual inflation rate of the country’s households

Annual inflation rate is the percentage change in the average price index numbers in a year ending this month, compared to the same period before. The annual inflation rate in December for households in the country has reached 2.8 percent, which shows an increase of 1.8 percentage points compared to the previous month.

Also, the annual inflation rate for both groups of urban and rural households is reported to be 8.5 percent, which has increased by 1.8 percentage points for urban households and by 1.8 percentage points for rural households.

Price changes this month

In the main group of “food, beverages and tobacco” the highest price increase compared to the previous month is related to the group of “oils and fats” (liquid oil, solid vegetable oil), the group of “milk, cheese and eggs” (pasteurized and unpasteurized milk). Pasteurized buttermilk, eggs), the group of “fruits and nuts” (tangerines, oranges, pomegranates), the group of “beverages” (carbonated drinks, fruit juices, packaged foreign tea). In the main group of “non-food goods and services”, the group of “furniture and household appliances” (detergents, gas heaters), the group of “hotel and restaurant” (ready meals), “clothes and shoes” the highest price increase compared to the previous month Have had. Also, the group of “transportation” (types of passenger cars) has decreased in price compared to the previous month.

Percentage of changes in the price index in the cost deciles of the whole country this month

The range of changes in the annual inflation rate in December for different deciles is a cost from 1.5 percent for the first decile to 1.5 percent for the tenth decile.

The graph of the percentage change of the index compared to the previous month for different cost deciles in the total index and major groups of food, beverages, tobacco, non-food and services is as follows:

5

.Source