Middle East Economic Survey

VOL. LIV

No 6

7-Feb-2011

IRAN

Irans Inflation Rate Rises To 10.8% In January

The Central Bank of Iran (CBI) announced on 1 February that the year-on-year inflation rate rose to 10.8% in the year ending with the Iranian month of Dey on 20 January from 10.1% in the year ending with the Iranian month of Azar on 21 December 2010. After reaching a low of 8.8% in August 2010, the inflation rate is expected to rise rather steeply as the economic reform bill, which is to...