EghtesadOnline: Majlis Research Center has forecast a 3% economic growth and an 11.5% inflation rate for the next Iranian year (starting March 21).
EghtesadOnline: Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in trading companies in recent years, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
EghtesadOnline: Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.
EghtesadOnline: A bout a hundred days ago, in the heat of the presidential election campaign, First Vice President Es’haq Jahangiri faced the state TV camera and said, “The inflation rate fell to 6.8% from 40% under President Hassan Rouhani. That’s why today no one talks about inflation. No one promises to reduce the inflation rate, because what we did was no mean feat.”
EghtesadOnline: Containing inflation has been one of the most significant economic achievements of Iranian President Hassan Rouhani’s first term in office.
EghtesadOnline: The goods and services Consumer Price Index for urban areas increased by 7.6% in the 12-month period ending July 22, which marks the end of the fourth Iranian month, compared with last year’s corresponding period, government spokesman, Mohammed Baqer Nobakht, announced in a press conference on Tuesday.
EghtesadOnline: Head of Iran’s Central Bank on Saturday expressed hope that with the pursuit of disciplinary policies of the bank, the country’s inflation rate would become single-digit.
EghtesadOnline: Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.
EghtesadOnline: The government’s commitment to curb the inflation rate and maintain macroeconomic stability will redress one of the recurring behavioral patterns of domestic investors.