Friday, 19 April , 2024
Inflation Archives - Iran News Daily
Gov’t Determined to Curb Inflation, Boost Production 09 Apr 2023

Gov’t Determined to Curb Inflation, Boost Production

The governor of Iran Central Bank says the government has prepared plans to curb inflation and to boost production in cooperation of all related bodies in the country, adding that with regular planning, the inflation will definitely be guided to the lower levels in the current year.

Decrease in Inflation and Dollar Rate Hinges on Oil Sales 04 Apr 2023

Decrease in Inflation and Dollar Rate Hinges on Oil Sales

A member of Tehran Chamber of Commerce, Industry, Mine and Agriculture says what the government says on reducing the inflation and forex rate depends completely on the amount of oil sales and reiterated that limiting the trade to only some certain countries is not good policy.

EU inflation surges to 30-year high 19 Dec 2021

EU inflation surges to 30-year high

Amid a record 4.9 percent surge of annual consumer inflation in 19 EU countries last month, the European Central Bank (ECB) has declared plans to scale back its crisis bond-buying but ruled out raising interest rates next year.

What’s behind the rise in U.S. inflation? 17 Nov 2021

What’s behind the rise in U.S. inflation?

This week, the U.S. labor department announced an increase in the consumer price index (a basket of products ranging from gasoline and health care to groceries and rents). The CPI has risen to 6.2% compared with the same period last year. The announcement means the country is now facing the highest annual inflation rate in more than 30 years (since November 1990).

UK factories suffer as concern rises over inflation 25 Oct 2021

UK factories suffer as concern rises over inflation

A survey by the Confederation of British Industry has shown UK manufacturers are struggling with their worst supply chain shortages since the mid 1970s. Fears are now growing in the sector over the financial fallout of rising costs and a lack of materials on the backdrop of Brexit and the coronavirus.

Inflation Is on the Way for 2021 14 Dec 2020

Inflation Is on the Way for 2021

The United States hasn’t seen significant inflation in almost 40 years. That may change soon, thanks to a massive federal deficit, pent-up demand when quarantine restrictions are released.

Draft Budget Plan Sees Inflation at 22% 29 Sep 2020

Draft Budget Plan Sees Inflation at 22%

The draft budget plan for the next Iranian year (to start March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.

Monthly Inflation Rate Sees 0.2% Rise: Iran 24 Sep 2020

Monthly Inflation Rate Sees 0.2% Rise: Iran

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 […]

Iran Planning to Issue Certificates of Deposit in Euros 30 Jun 2020

Iran Planning to Issue Certificates of Deposit in Euros

The Central Bank of Iran (CBI) is planning to issue certificates of deposit in euros as it struggles to contain liquidity and tame the rising inflation in the country.

Rouhani: Fluctuations in Forex Market Temporary 23 Jun 2020

Rouhani: Fluctuations in Forex Market Temporary

Iranian President Hassan Rouhani said the recent fluctuations in the country's forex market are temporary.