Middle East Economic Survey

VOL. LIII

No 19

10-May-2010

IRAN

Irans Inflation Rate Falls In April To 10.4%

The Central Bank of Iran (CBI) announced on 3 May that the year-on-year inflation rate fell to 10.4% in the year ending with the Iranian month of Farvardin on 20 April 2010, down from 10.8% in the year ending with the Iranian month of Esfand on 20 March, but up from 8.9% in the year ending with the month of Bahman on 19 February (MEES, 12 April). The fall in the inflation rate occurred despite...