The inflation rate will fall below 25% in the next Iranian year (starting March 21, 2022) unless special conditions prevail, says Vahid Shaqaqi-Shahri, an economist and university professor, in an article for the Persian-language daily Ta’adol.
The Statistical Center of Iran’s latest report on inflation says the annualized inflation has maintained its monthly downtrend after registering a high of 45.4% in the month ending Oct. 22.
The average goods and services Consumer Price Index in the 12-month period ending Feb. 19 increased by 41.4% compared with the corresponding period of the year before, marking the fourth consecutive month of decline.
A translation of the article follows:
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