CBI Boss: Economy in Recovery Mode

The Governor of Central Bank of Iran Ali Salehabadi says the economy is in recovery mode as major indicators such as export revenue, forex rates and inflation are improving. 
Salehabadi told state TV that the fast pace of inflation has slowed in recent months, non-oil exports are rising and the government has received payments for oil and gas exports. “Last year we were struggling with high and rising inflation…The rates have been declining over the past five months,” he was quoted as saying by the CBI website. 
Monthly inflation was 3.1% in the month to Oct. 22. It  declined to 2.4% a month later and 1.8% in the last calendar month to Dec. 21, he said.