Middle East Economic Survey


No 38



Irans Inflation Rate Falls To 20.2% In August

The Central Bank of Iran (CBI) announced on 7 September that the inflation rate fell to 20.2% in the year ending with the Iranian month of Mordad on 22 August from 21.5% in the year ending with the month of Tir on 21 July. In the previous Iranian year (1387) the annual inflation rate was 27.6% in Mordad and 26.1% in Tir. The CBI added that the consumer price index (CPI) for the month ending on...