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Inflation Expected to Rise Above 10% Next Year
Inflation Expected to Rise Above 10% Next Year
Wednesday, February 28, 2018

Inflation Expected to Rise Above 10% Next Year

Inflation has been kept down since President Rouhani took office in August 2013 using a chain reaction of artificial factors while money supply increased
Inflation in Iran reduced to a single digit for the first time after about a quarter century in June 2016
Wednesday, February 28, 2018

Inflation Expected to Rise Above 10% Next Year

Business & Markets Desk

Donya-e-Eqtesad Media Group held the Fifth Iranian Economy Overview Conference on Tuesday. 
The event was attended by a host of economists and market analysts whose aim was to forecast the Iranian economy’s performance in the next fiscal year (March 2018-19) and in the long run.
The analysts unanimously believed that the inflation rate is likely to rise above 10% in the next fiscal.
They contend that the government's drive to push down the inflation rates came at the expense of subdued demand in the economy, while high interest rates locked away growing liquidity.

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02/28/2018
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