Zamaneh Media
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
  • Advertise
  • Labor Rights
No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
  • Advertise
  • Labor Rights
No Result
View All Result
Zamaneh Media
No Result
View All Result

Inflation rates on the rise in Iran

by Zamaneh Media
August 15, 2011
in Latest Articles
Reading Time: 1 min read
0
Inflation rates on the rise in Iran
Islamic Republic Central Bank

Iran’s Central Bank has announced that the national inflation rate as 16.3 percent, ending a two-month delay in revealing where inflation stands.

Mahmoud Bahmani, the head of Iran’s Central Bank, expressed hope that the inflation rate would fall, predicting that the country would move to a single-digit rate in the coming year.

Iran’s inflation rate has gone from 8.8 percent in May of 2010 to 12.8 percent last March. The new report indicates there was a further increase of four percentage points over the past four months.

Since the government began cutting subsidies on energy and food staples such as bread and sugar, the inflation rate has been on a steep rise, climbing a reported six percentage points in the first eight months of the new subsidy regime.

Many analysts predict a further rise in the inflation rate due to the cuts to government subsidies.

The government has been sharply criticized for its failure to adequately report economic statistics, with some analysts maintaining that the administration is trying to cover up an economic decline.

Despite criticism from Parliament and the Central Bank, the administration has transferred the responsibility for publishing national economic statistics from the Central Bank to the National Statistics Centre. However, so far the Statistics Centre has failed to release any data on the inflation rate.

Related Posts

Photograph of Armita Garawand and CCTV footage of her friends carrying her out of the metro at Shohada station in Tehran.
Latest Articles

What Happened to 16-year-old Armita Geravand?

October 4, 2023
Cartoon of the Week: Nagorno-Karabakh, Population -50,000
Latest Articles

Cartoon of the Week: Nagorno-Karabakh, Population -50,000

September 28, 2023
The Odd Czar Against Us
Latest Articles

The Odd Czar Against Us

September 28, 2023
“When the statues are toppled, the city will be ours!”
Latest Articles

“When the statues are toppled, the city will be ours!”

September 21, 2023
Woman, Life, Freedom: The Chronicle of an Uprising That Shook Iran
Latest Articles

Woman, Life, Freedom: The Chronicle of an Uprising That Shook Iran

September 16, 2023
Cartoon of the Week: Freedom of Speech in Iran
Latest Articles

Cartoon of the Week: Freedom of Speech in Iran

September 7, 2023

RSS Iran in Other Media

  • Iran Seeks to Spread Its Radical Ideology in Latin America - Dialogo-Americas.com October 4, 2023
  • This Exiled Iranian Director Staged His Own Interrogation - Life & ... - Haaretz October 4, 2023
  • Agreement reached on holding Azerbaijan-Iran joint exercises in the ... - APA October 4, 2023
  • Celluloid counter-revolution: a salute to the underground film lovers of Iran - The Guardian October 4, 2023
  • Bipartisan House bill seeks to counter Iranian hostage-taking - Jewish Insider October 4, 2023
  • Is Iran's Raisi an ayatollah? Depends who you ask - Middle East Eye October 4, 2023
  • Iran: The Execution of 21 Prisoners in the First 9 Days of the Persian ... - National Council of Resistance of Iran (NCRI) October 4, 2023
  • Israel Is Courting Saudi Arabia by Confronting Iran » Mosaic - Mosaic October 4, 2023
  • FLASHPOINT IRAN: Security Forces Arrest, Shoot Baluchis Marking Anniversary of Mass Killings - Voice of America - VOA News October 4, 2023
  • For Iranian refugees, French wine harvest part of anti-government ... - Al-Monitor October 4, 2023
  • Opinion | Iran's Captive Minds - The New York Times October 3, 2023
  • Biden thanks Qatar’s emir for rare Iran-US prisoner swap deal - Al Jazeera English October 3, 2023
  • Hospitalisation of Iranian girl leads to claims against ‘morality police’ - The Guardian October 3, 2023
  • Azerbaijan eyes Iran, Armenia borderlands after 'voluntary' exodus from Nagorno-Karabakh - Al-Monitor October 3, 2023
  • Iran ready to send humanitarian aid to displaced ethnic Armenians: FM - Xinhua October 3, 2023
  • Dems To Force Vote on Biden Nominee Who Dismantled Iran ... - Washington Free Beacon October 3, 2023
  • Iranian police deny claim that officers assaulted teen girl over hijab - ABC News October 3, 2023
  • Iranian lawyer and human rights advocate will receive 2023 Brown ... - Pennsylvania State University October 3, 2023
  • Iran, Indonesia split speed climbing golds at Hangzhou Asiad - Xinhua October 3, 2023
  • Starlink in crosshairs as Iranian security agents hunt down terminals ... - Amwaj.media October 3, 2023
Zamaneh Media

© 2020 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Vacancies
    • Contact us
    • Legal
  • Advertise
  • Labor Rights

© 2020 Zamaneh Media