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Rich-poor inflation gap at 5.4%

31 Aug 2020 - 18:47


Financial Tribune - The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 5.4% in the fifth Iranian month (July 22-Aug. 21), indicating a 0.7 percentage point increase compared with the previous month.

The inflation gap in “food, beverages and tobacco” group among income deciles decreased by 0.9 percentage points, while that of “non-food and services” group increased by 0.8 percentage point compared with the month before.

The average goods and services Consumer Price Index in the 12-month period ending Aug. 21 increased by 23.4% for the first decile (those with the lowest income) while it grew 28.8% for the 10th decile (those with the highest income).


Story Code: 382699

News Link :
https://www.theiranproject.com/en/news/382699/rich-poor-inflation-gap-at-5-4

The Iran Project
  https://www.theiranproject.com