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Rich-poor inflation gap narrows in Iran

30 Apr 2019 - 15:16


Financial Tribune - The average annual inflation gap measured by the Statistical Center of Iran among income deciles decreased 0.2% to reach 2.8% in the first Iranian month (March 21-April 20) compared with the previous month’s 3%.

The average goods and services Consumer Price Index in the 12-month period ending April 20 increased by 29.9% for the first decile (those with the lowest income) whereas it rose by 32.7% for the 10th decile (those with the highest income).

The second, fifth and sixth deciles saw their 12-month average inflation rate grow by 31% compared with last year’s corresponding period.


Story Code: 347178

News Link :
https://www.theiranproject.com/en/news/347178/rich-poor-inflation-gap-narrows-in-iran

The Iran Project
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