online economy; Mahdi Safai – The Central Bank published inflation statistics for the month of June. The noteworthy point is the difference between the inflation calculated by the Central Bank and the inflation published by the Iranian Statistics Center.
The Central Bank announced the point-to-point inflation of June 83.1%. If the point-to-point inflation published by the Statistics Center was 88.6. Also, the monthly inflation of June published by the Statistics Center is 5.9% and the inflation published by the Central Bank is 7.4%.
Point-to-point inflation of goods set a new record
According to the report of Mezatsonline, according to the data of the Central Bank, according to the statistics, point-to-point inflation of goods in June, like the previous month, recorded a record of more than 100%. Service inflation is still less than 50% despite the increasing trend. This difference shows the calculation errors of one of the two mentioned organizations; Either the inflation published by the statistics center is overestimated or the central bank calculated the inflation lower than it should be.
According to the report of the Central Bank, the group of food and beverages registered a higher inflation of 8.7% compared to the previous month. Also, entertainment and cultural affairs increased by 8.8%, transportation by 8.9%, clothing, shoes by 9.5%, furniture, appliances and services used at home by 10% compared to the previous month.
One of the reasons for the higher price of home appliances compared to other items is the damage to the steel industry, which has affected the production and supply and subsequently the price.
Another noteworthy point in the statistics published by the Central Bank is the higher monthly inflation of services compared to goods in July and August of 1404. But after August, inflation in goods exceeded that of services, which is a delayed effect of the damage caused by the 12-day war. The biggest difference in monthly inflation between goods and services was created in January and February 1404, which is one of the main reasons for the protests at that time.
Finally, the inflation rate is a variable that strongly affects people’s livelihood. Adopting monetary policies including interest rate changes to control inflation is a way to save from this great inflammation. The improvement of this inflammation will lead to the increase of people’s welfare and then the growth of social capital.
