Monthly Inflation Forecasts

The Statistical Research and Training Center, affiliated to the Statistical Center of Iran, has forecast the inflation rate for the upcoming months based on trends and patterns of the past years.
The center has come up with three scenarios, each depending on the state of Iran’s economy vis-à-vis sanctions and their possible removal, as Iran and the US are holding indirect talks on a return to compliance with the Joint Comprehensive Plan of Action, the nuclear deal Iran signed with world powers back in 2015.
JCPOA was implemented in 2016, which saw the removal of international sanctions. In exchange, Iran limited the scope of its nuclear program. However, Washington walked out of the deal under the administration of former president, Donald Trump, in May 2018, which unleashed a “maximum pressure” sanctions regime against the Iranian economy.