Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

IRAN

Irans Inflation Falls To 8.8% In August As Banking Restrictions Are Strengthened

The Central Bank of Iran (CBI) announced on 6 September that the year-on-year inflation rate fell to 8.8% in the year ending with the Iranian month of Mordad on 22 August, down from 9.1% in the year ending with the Iranian month of Tir on 22 July, and from 9.4% in the previous month of Khordad on 21 June. The annual inflation rate has fallen gradually in the...