Politics The annual inflation rate in Iran rose to 22.5 percent in June 2020, the most since February, from 21.0 percent in the previous month. TEForecast On a monthly basis, consumer prices increased 2.1 percent in April, the highest level since last December. 3- Sudan, 81.3%. Also, prices rose less for: housing & utilities (20.4% vs 22%); clothing & footwear (28.3% vs 29.7%); furniture & household equipment (25.4% vs 26.2%); restaurants & hotels (18.3% vs 25.2%); miscellaneous goods & services (21.8% vs 24.2%); health & medical services (20.7% vs 22.1%); recreation & culture (25.6% vs 26.6%); and education (20.2% vs 20.6%).
On a monthly basis, consumer prices increased 2.5 percent in May, the most since last December.The annual inflation rate in Iran decreased to 19.8 percent in April 2020 from 22 percent in the previous month. Inflation Rate YoY Inflation Rate YoY The annual inflation rate in Iran decreased to 19.8 percent in April 2020 from 22 percent in the previous month. Reference 1957-2020 Data | 2021-2022 Forecast | Calendar | Historical The annual inflation rate in Iran declined to 22 percent in March 2020 from 25 percent in the previous month. Iran’s inflation rate rose sharply to 41.06 percent in 2019 and was projected to rise another six percentage points before slowly starting to decline. This was the lowest inflation rate since July 2018, mainly due to a softer rise in prices of food & non-alcoholic beverages (10.7% vs 14.8% in March), the lowest since May 2018.
Iran inflation rate for … Meanwhile, prices went up faster for: education (20.6% vs 20.5%). According to the Iranian Statistical Center, the average annual inflation rate in Iran has reached 40.4%, the highest rate in the past 23 years. 2019. Also, prices increased less for: housing & utilities (22% vs 22.3%); transport (44.8% vs 54.1%); clothing & footwear (29.7% vs 32.1%); furniture & household equipment (26.2% vs 28.1%); restaurants & hotels (25.2% vs 30.2%); miscellaneous goods & services (24.2% vs 24.7%); health & medical services (22.1% vs 23.2%); recreation & culture (26.6% vs 29.4%); communication (3.3% vs 3.5%); and tobacco (8.4% vs 10.7%). Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Iran inflation rate for 2019 was 39.91%, a 21.89% increase from 2018. In Iran, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (29 percent of total weight) and Food and beverages (28.5 percent of total weight). SCI: Inflation Gap Among Income Deciles Reaches 4.2% June 24,2020 The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4.2… Asked about the continuation of the downward trend in the coming months, this Applied Economics professor told us: I have no opinion about the course that inflation might take in Iran. Iran - Average consumer prices inflation rate 41.1 (%) in 2019 In 2019, inflation rate for Iran … Inflation Rate YoY Sudan has been struggling with high inflation rates for more than a decade. Inflation Rate YoY This was the lowest inflation rate since July 2018, mainly due to a softer rise in prices of food & non-alcoholic beverages (10.7% vs 14.8% in March), the lowest since May 2018. 2015. And today, Iran isn’t even close to the hyperinflation threshold. The … 6.9. Meanwhile, prices went up faster for: transport (47.4% vs 44.8%); communication (4.2% vs 3.3%); and tobacco (11% vs 8.4%). He is one of the world's leading experts on currency boards and measuring and stopping hyperinflations.Asked about why the overall performance seems better compared to 2019 ( when the growth rate felt to -8.2%) despite Corona virus pandemic, sanction pressures and collapse of oil price in markets, Hanke said: “One reason that the growth prospects for Iran that are anticipated by the World Bank are not uglier is that they were already extremely ugly in 2019. Inflation Rate (CPI, annual variation in %) 11.1. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Inflation accelerated for all categories: food & non-alcoholic beverages (14.9% vs 11.9% in May); housing & utilities (21.7% vs 21.5%); transport (48.6% vs 48.4%); furniture & household equipment (26.6% vs 25.6%); miscellaneous goods & services (25.3% vs 22.6%); health & medical services (24.0% vs 21.9%); communication (7.0% vs 6.5%); clothing & footwear (28.0% vs 22.7%); restaurants & hotels (17.9% vs 16.5%); recreation & culture (26.5% vs 24.7%), and tobacco (16.0% vs 13.9%). The Trading Economics Application Programming Interface (API) provides direct access to our data. 2017. If you look at the inflation forecasts for countries that are experiencing elevated rates of inflation, you will see that they always turn out to be wildly inaccurate" Hanke said, adding that:" Just look at the IMF's forecasts for Iran.
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