Construction materials became cheaper – Tejaratnews
According to Tejarat News, according to the announcement of the Iranian Statistics Center this summer, the price index of residential buildings in Tehran reached 1491.8, which is a 3.4% decrease compared to the index of the previous season (1544.2).
Seasonal inflation reduction
According to Tasnim, last summer the seasonal inflation was equal to negative 3.4 percent, which has decreased by 29.7 percentage points compared to the same information in the previous season (26.3 percent). Seasonal inflation means the percentage change of the price index number in the current season compared to the index number in the previous season. In this season, among executive groups, the highest seasonal inflation is related to “Building Painting” executive group with 9.9 percent, while the “Cement, Concrete, Sand” executive group has decreased by 15.4 percent, with the highest seasonal inflation decrease compared to has encountered other groups.
Point by point inflation reduction
In this summer, point-to-point inflation was equal to 29.3%, which has decreased by 14.1 percentage points compared to the same information in the previous season (43.4%). Point inflation means the percentage change of the price index in the current season compared to the price index of the same season of the previous year.
In this season, among the executive groups, the highest point-to-point inflation is related to the “Glass” executive group with 83.3%, while the “ironware, rebar, door and window profile and fence” executive group has a 0.4% decrease in point-to-point inflation. The point is encountered.
Annual inflation reduction
In this summer, annual inflation was equal to 36.7 percent, which has decreased by 8.1 percentage points compared to the same information in the previous season (44.8 percent). The meaning of annual inflation is the average change percentage of the price index of the four seasons leading to the desired season, compared to the same information in the previous year.
In this season, among the executive groups, the highest inflation was related to the “Glass” executive group with 85.2% and the lowest inflation with 18% belonged to the “Ironware, rebar, door and window profile and fence” group.
The Statistics Center of Iran has announced that since 1365, the plan to survey the price of construction materials will be implemented on a six-month basis in the city of Tehran by the Statistics Center of Iran, since the summer of 1400, this plan will be implemented on a seasonal basis. In this survey, information related to the price of construction materials is collected by referring to manufacturers or wholesalers of construction materials and using a tablet.