Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

IRAN

Irans Inflation Rate Falls In May To 9.9%

The Governor of the Central Bank of Iran (CBI), Mahmoud Bahmani, announced on 5 June that the year-on-year inflation rate fell to 9.9% in the year ending with the Iranian month of Ordibehesht on 19 May, down from 10.4% in the year ending with the Iranian month of Farvardin on 20 April, and from 10.8% in the Iranian month of Esfand on 20 March (MEES, 10 May). The annual inflation in Iran has...