26 Apr 2024
Saturday 30 November 2019 - 14:56
Story Code : 364502

Iran's rich-poor inflation gap at 2%

Financial Tribune - The inflation gap indicates a 0.2 percentage point decline compared with the previous months 2.2%

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 2% in the eighth Iranian month (Oct. 23-Nov. 21), indicating a 0.2 percentage point decline compared with the previous months 2.2%.

The inflation gap of food, beverages and tobacco group among income deciles increased by 0.2 percentage point whereas that of non-food and services decreased by 1.1 percentage point month-on-month.

The average goods and services Consumer Price Index in the 12-month period ending Nov. 21 increased by 40.7% for the first decile (those with the lowest income) while it grew by 42.7% for the 10th decile (those with the highest income).
https://theiranproject.com/vdcjyxet8uqemiz.92fu.html
Your Name
Your Email Address