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FinancialNews


  • 29-08-18

    Iran's inflation rate hits 11.5 percent: central bank

    (MENAFN) Iran's rate of inflation reached 11.5 percent during the twelve-month period ended on August 22, the Central Bank of Iran (CBI) reportedly unveiled.

    The Statistical Center of Iran also announced the inflation rate to have stood at 9.7 percent during the same period.

    The average goods and services Consumer Price Index (CPI) recorded a 5.5 percent rise at 133.8 in Mordad, the CBI confirmed.

    The CBI also said that during the previous year, the inflation reached 9 percent, while the Statistical Center of Iran said it hit 9.8 percent.

    MENAFN2908201800450000ID1097357711

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