Gov’t Spokesman: Inflation at 7.6%
Economy, Domestic Economy

Gov’t Spokesman: Inflation at 7.6%

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.

The Statistical Center of Iran, the official body in charge of releasing periodic macroeconomic stats in Iran, put the preceding month’s inflation rate at 7.4%.

The overall consumer price index shows a year-on-year increase of 8.9% compared with last year’s similar month, ISNA quoted the spokesman as saying.

Nobakht also serves as the head of Planning and Budget Organization, of which the SCI is a subsidiary.

Short URL : https://goo.gl/Dpjh2L
  1. https://goo.gl/uTQGd8
  • https://goo.gl/YpSjZU
  • https://goo.gl/uQa5uv
  • https://goo.gl/VZUJ1c
  • https://goo.gl/4ndHZn

You can also read ...

Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Startup  Studio Launched
The University of Tehran and the Noor Credit Institution have...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...

Add new comment

Read our comment policy before posting your viewpoints