IRAN

Iran’s Inflation Edges Up To 21% In January

Iran’s year-on-year inflation in the year ending with the Iranian month of Dey on 20 January rose to 21% from 20.6% a month earlier (Azar), the Governor of the Central Bank of Iran (CBI) Mahmoud Bahmani was quoted as saying to the Iranian daily Arman. The inflation rate in the Iranian month ending on 20 November (Aban) was previously quoted at 19.8%. Estimates of the official inflation rate in Iran vary widely depending on the...