Statistical Center Reports: Inflation Exceeded 4 Percent in Bahman Month

The Statistical Center of Iran announced in its latest report that the consumer price index for households in the country has reached over 305. According to Mehr News Agency, this government center added that this index has increased by 4.1 percent compared to the previous month, 35.3 percent compared to the same month last year, and has risen by 32 percent in the 12 months leading up to this month. The report states that in Bahman of the current year, the point-to-point inflation for households in Iran was 35.3 percent, meaning households spent on average 35.3 percent more than in Bahman 1402 for a 'set of identical goods and services.' The report also indicates that point-to-point inflation in Bahman compared to the previous month increased by 3.5 percentage points, and the monthly inflation for households was 4.1 percent. The details of the inflation rate in this report show that the monthly inflation for major groups 'food, beverages, and tobacco' was 6.7 percent, while for 'non-food goods and services' it was 2.9 percent. Meanwhile, some economic experts have expressed concern about the persistence of high inflation rates and their impact on people's livelihoods. Predictions suggest that annual inflation at the end of 1403 could reach 31.4 percent in the most optimistic scenario and 32.1 percent in the most pessimistic scenario. A citizen's protest against the rising prices of food and increasing inflation has been noted, with over 13,000 people demanding a 70 percent increase in wages for the coming year. A session for the impeachment of the Minister of Economic Affairs of the government of Pezeshkian will be held on the 12th of Esfand. A government official has admitted to the 'simultaneous growth' of inflation and the rate of theft in the country.