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  • 31-05-20

    7 percent drop in Iran's inflation in March of 2021

    (MENAFN)

    The Tehran Chamber of Commerce released an economic analysis report showing that the inflation in Iran is going to drop around 7 percent in late March of 2021 compared to a year earlier.

    The report also said that the inflation of the country is going to set at 34.2 percent at the end of the ongoing fiscal year, representing a decline compared to the 41.1 percent reported in the earlier year.

    The report, refering to official data released by the International Monetary Fund (IMF), also said that other key economic indicators in the country, such as the liquidity expnasion rate, could drop 16.3 percent during the ongoing fiscal year.

    According to the report, the liquidity in the country will rise 19.5 percent to set at a total of USD175 billion in late march of 2021, it has already expanded 35.8 percent in the earlier fiscal year to set at USD150 billion.

    MENAFN3105202000450000ID1100249302

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