Iran Inflation Quickened to 23.5% in 12 Months to Aug. 20
By Yeganeh Salehi -
2012-09-05T08:55:09Z
Iran’s inflation rate rose to 23.5 percent in the month that ended on Aug. 20 from 22.9 percent the previous month, the central bank said today on its website.
While the central bank said in its report that inflation will continue to increase, President Mahmoud Ahmadinejad said in a televised interview late yesterday that “the inflation growth rate has declined this year. The inflation rate will decrease in the second half of this year.”
To contact the reporter on this story: Yeganeh Salehi in Tehran at yalehi@bloomberg.net
To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.