According to the official report of the Statistics Center of Iran, the inflation rate in October has increased by 7% compared to September. This means that all goods and services have become 7% more expensive. According to the same official report, the inflation rate hit a record high in October 2020 and reached 41.4%. The low-income deciles feel the inflationary pressure on food and beverage groups of goods more than high-income deciles. The role of food commodities in inflation for low income deciles is more prominent.
