Middle East Economic Survey

VOL. LIV

No 46

14-Nov-2011

IRAN

Irans Inflation Rate Rises To 19.1% In October

Irans year-on-year inflation continued to rise in the year ending with the Iranian month of Mehr on 22 October to 19.1% from 18.3% a month earlier (Shahrivar), the Governor of the Central Bank of Iran Mahmoud Bahmani was quoted as saying. But he predicted a fall in the inflation rate in early 2012, without giving any reasons for that. The inflation rate, which hit a low of 8.8% in...