Middle East Public date: 24.08.2017 23:12:18

Publisher:

Author:

30 Aug 2011

Iran’s inflation rate hits 17.2%

The Central Bank of Iran (CBI) governor said the country's twelve-month inflation rate ended to the calendar month of Mordad (July 23-August 22) reached 17.2 percent, showing a modest growth despite implementing the subsidy reform plan.
The Central Bank of Iran (CBI) governor said the country's twelve-month inflation rate ended to the calendar month of...

Publisher:

Author:

15 Jun 2011

Iran to use all tools to stop currency slide

Iran's central bank announced a raft of measures to prop up the rial currency on Wednesday after a rush for dollars forced a devaluation. The measures, including raising domestic interest rates, come after the bank said earlier this week it was injecting billions of dollars into the market to stabilise the currency.
Iran's central bank announced a raft of measures to prop up the rial currency on Wednesday after a rush for dollars...

Publisher:

Author:

12 Jun 2011

Bread crisis in Tehran

The price of flour has jumped 50-fold and the price of bread has increased four-fold, according to the Iranian regime s news sources.
The price of flour has jumped 50-fold and the price of bread has increased four-fold, according to the Iranian regime s...

Publisher:

Author:

24 Apr 2011

Iran food prices up 25 pct, twice inflation

Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate of inflation. Figures from the Central Bank of Iran, carried in Iranian newspapers, showed the bank's food basket cost 24.46 percent more in the first month of the Iranian year, starting March 21, than in the same month a year ago.
Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the...

Publisher:

Author:

13 Apr 2011

Growing Anger over Rising Energy Prices

Iran s parliament has warned President Mahmoud Ahmadinejad that resentment is building over sharp increases in the price of natural gas, which has risen at least 10-fold on average in recent weeks, and that public protests could follow.
Iran s parliament has warned President Mahmoud Ahmadinejad that resentment is building over sharp increases in the price...

Publisher:

Author:

5 Apr 2011

The Economy, Anyone?

MP Hamidreza Katouzian, head of energy committee, has released a statement that, without proper investment, Iran will become the largest importer of oil and related products. He also said that subsidy cuts were generally positive, but that the lack of refunds will put Iranian industry in dire condition.
MP Hamidreza Katouzian, head of energy committee, has released a statement that, without proper investment, Iran will...

Leave a Comment

Your email address will not be published. Required fields are marked *

Name *