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Inflation

  • EghtesadOnline: One year after the Central Bank of Iran for the first time set a target for inflation, the bank governor Abdolnasser Hemmati late Sunday tried to explain why the target was a failure.

  • EghtesadOnline: The general price index of construction materials for residential properties in the city of Tehran, using 2011 as the base year, stood at 902 in the fourth quarter of last Iranian year (Dec. 21, 2020-March 20), according to the Statistical Center of Iran's latest report published on its website.

  • EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 8.3% in the first Iranian month (March 21-April 20), indicating a 0.5 percentage point decrease compared with the previous month (8.8%).

  • EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending April 20, which marks the end of the first Iranian month of the fiscal 2021-22, increased by 38.9% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.

  • EghtesadOnline: The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending March 20, which marks the end of the 12th month of fiscal 2020-21, increased by 36.6% compared with the corresponding period of the year before.

  • EghtesadOnline: Tehran’s housing Consumer Price Index in the 12-month period ending March 20, 2021, which marks the end of the 12th month of last Iranian year, increased by 78.2% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.

  • EghtesadOnline: The International Monetary Fund expects the inflation rate in Iran to rise to 39% in 2021 from 36.5% last year and the unemployment rate to increase from 10.8% to 11.2%.

  • EghtesadOnline: The average annual producer price inflation registered a record high in the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020).

  • EghtesadOnline: The central bank governor says provisions of the March 2021-22) are likely to keep the money-printing presses busier and expand the money supply.

  • EghtesadOnline: The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Feb. 18, which marks the end of the 11th month of the current Iranian year, increased by 36.8% compared with last year’s corresponding period.