Middle East Economic Survey


No 46



Irans Inflation Rate Falls To 16.7% In October

The Central Bank of Iran (CBI) announced on 9 November that the year-on-year inflation rate fell to 16.7% in the year ending with the Iranian month of Mehr on 21 October, down from 18.5% in the year ending with the month of Sharivar on 22 September (MEES, 19 October). The CBI added that the consumer price index (CPI) for the month ending on 21 October rose by 7.6% from its value a year ago,...