The Statistical Center of Iran (SCI) put the average inflation rate in the twelve-month period ended on March 20, which marks the end of the past Iranian calendar year 1400, at 40.2 percent.
The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on October 22, which marks the end of the eighth Iranian calendar month Aban, at 44.4 percent, falling one percent from the figure for the twelve-month ended to the seventh month.
The head of Iran’s Planning and Budget Organization has told parliament that the government needs $18 billion to import essential foods in the next few months.
The Chairman of Iran-China Chamber of Commerce has warned that Iran’s economy is at its “most dangerous historical point” in the past four decades.
The Governor of the Central Bank of Iran says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex market.
Head of Plan and Budget Organization of Iran Mohammad Baqer Nobakht on Tuesday briefed the government’s efforts to rein in unemployment rate, saying the country’s unemployment rate stood at 10.6% last year.
Iranian citizens are right and the government is creating a structure to control the rise in prices, Iranian Economy and Finance Minister Farhad Dejpasand said.
The average Producer Price Index in the 12 months ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 9.7% compared with last year’s corresponding period, the latest report by the Central Bank of Iran announced.
Minister of Cooperatives, Labor and Social Welfare Ali Rabiei says he will continue to press for the elimination of absolute poverty if he remains in office for the next four years.
