Iran’s annual inflation rate up 1.3% to 46.3% in January: SCI
Latest figures by the Statistical Center of Iran (SCI) show inflation in the country continued to rise in January to reach an annual rate of 46.3%.
SCI figures published in a Sunday report by the official IRNA news agency showed that the annual consumer prices index in Iran had risen by 1.3% in the month to January 20.
The month-on-month inflation rate reported by the SCI also rose by 4.3% in January, up by 2.4% compared to the monthly rise reported in late December.
Consumer prices had increased by 51.3% in January compared to January 2022, said the Iranian government statistics agency.
Iran has seen high but controlled levels of inflation since it came under a renewed wave of American sanctions in 2018.
Economic closures caused by the spread of the coronavirus pandemic and the impact of the war in Ukraine on the global supply and demand of goods and services have also raised consumer prices in Iran.
An administrative government that came to office in August 2020 introduced tighter fiscal and monetary policies, helping to reduce inflation rate to nearly 40% in April last year.
However, prices have soared again after talks between Iran and world powers to revive an international deal on Iran’s nuclear program stalled in September last year.
Iran reports further drop in annual inflation rate in December
D-8’s role in Iran’s economy after Cairo summit
Iran’s mining, metals exports at $8.8bn in Apr-Nov
VIDEO | Australians rally for Gaza ahead of Christmas festivities
VIDEO | Attacks on Sana'a
Iran reports further drop in annual inflation rate in December
Israel indicts two settlers over suspected spying for Hezbollah
Iran: US airstrikes on Yemen war crimes, violation of international law
Yemeni armed forces down F-18 fighter jet, repel US-UK attack: Spokesman
Iran warns against US-Israeli plot to weaken Muslims, dominate region
VIDEO | Public uproar in US against Israeli regime
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
