Middle East Economic Survey

VOL. LIV

No 11

14-Mar-2011

IRAN

Irans Inflation Rate Rises To 11.6% In February

The Central Bank of Iran (CBI) announced on 7 March that the year-on-year inflation rate rose to 11.6% in the year ending with the Iranian month of Bahman on 19 February from 10.8% in the year ending with the Iranian month of Dey on 20 January. After reaching a low of 8.8% in August 2010, the inflation rate has steadily been rising with the implementation of the economic reform bill...