SCI surveys latest inflation rates for income deciles in Iran

Financial Tribune – The average annual inflation gap measured by the Statistical Center of Iran among income deciles increased by 0.1% to reach 2.9% in the second Iranian month (April 21-May 21) compared with the previous month’s 2.8%.

The average goods and services Consumer Price Index in the 12-month period ending May 21 increased by 33.7% for the first decile (those with the lowest income) whereas it rose by 36.6% for the 10th decile (those with the highest income).

The second, fourth and fifth deciles saw their 12-month average inflation rates grow by 34.8% compared with last year’s corresponding period.