Domestic Economy

The Way to Control Inflation

The Way to Control Inflation
The Way to Control Inflation

A single digit inflation prevails in most countries, but Iran is perhaps the only state that has experienced double-digit inflation for more than five decades. 
For Iranians, the dream of seeing price stability and single-digit inflation appears unlikely. Many experts believe that even with the complete removal of sanctions, the average inflation in Iran will remain close to 20%.
Kamran Nadri, an economist, prefaced an editorial for the Persian daily Donya-e-Eqtesad with this note. A translation of the text follows: 
Inflation has increased in most countries in recent years. Many countries, especially industrialized ones, which register inflation rates of below 10%, are worried about its negative consequences and have launched a crusade against inflation, even if their production and employment slow down. 


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