Minister of Economy and Finance says the inflation rate will be downward next year and the main task of the government and the Central Bank is to lower the inflation rate.
Minister of Economic and Financial Affairs says all economic factors and international reports show that Iran’s inflation rate is slowing down.
Governor of Iran’s Central Bank in a TV program said that the inflation rate for next year is predicted to go downward adding that since the beginning of President Seyed Ebrahim Raisi’s government, the inflation rate has declined from 59.3% to 39.9% and reiterated that the current excited forex rate will cool down.
Finance Minister Ehsan Khandouzi on Wednesday and on the sidelines of the cabinet meeting said the inflation is experiencing downward trend as it declined in last Iranian calendrer month of Tir (June 21-July 22) comparing to the preceding month.
The figures published showed that the rise had been mainly driven by food prices, non-alcoholic beverages and services like healthcare and hospitality.
The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on January 20, which marks the end of the tenth Iranian calendar month Dey, at 42.4 percent, falling one percent from the figure for the twelve-month ended to the ninth month.
The Governor of the Central Bank of Iran says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex market.
The Statistical Center of Iran reported in its latest monthly report on Tuesday that inflation in the 12 months ending in June this year has reached 43 percent compared to the same period last year.
The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on April 20, which marks the end of the second Iranian calendar month of Ordibehesht, stood at 41 percent, rising two percent from the figure for the twelve-month period ended on the last day of the first month.
TEHRAN (Iran News) – Iran’s annual inflation rate has been largely stable in September despite lower spending by households amid the spread of the coronavirus pandemic. The Statistical Center of Iran (SCI) said the country’s Consumer Price Index (CPI) had risen by 0.2 percentage point, to reach 26 percent year-on-year in the month ending September […]