Middle East Economic Survey


No 3



Irans Inflation Falls Further To 13.5% In December

The Central Bank of Iran (CBI) announced on 6 January that the year-on-year inflation rate fell to 13.5% in the year ending with the Iranian month of Azar on 21 December 2009, down from 15.0% in the year ending with the month of Aban on 21 November (MEES, 21/28 December 2009). The CBI added that the consumer price index (CPI) for the month ending on 21 December rose by 7.4% from its value...