Inflation

tag Inflation

Iran's inflation rate hits 4-year low: CBI

Figures released by the Central Bank of Iran (CBI) show the country has managed to bring down inflation to its lowest since 2020 when prices started to rise because of US sanctions and economic impacts of coronavirus pandemic.
|
Publish Date: 21/December/2024 | 14:53
Hossein Selahevarzi, Economic Activist:

Interest Rates Should Align with Inflation/ Some Banks Have Gone Beyond Holding Companies and Become Speculators

In an interview with Eghtesad Online, Hussein Selahevarzi, an economic activist, discussed the challenges within Iran's banking system, particularly focusing on the issue of banks operating as holding companies. According to the Ministry of Economic Affairs, efforts are underway to eliminate this practice. The Minister of Economic Affairs has announced that "bank holding companies will be phased out within the next two years," but achieving this goal requires policies that prevent banks from continuing or intensifying this approach. Some economic analysts believe that in order to reduce the incentives for banks to engage in holding company activities, the government should bring interest rates closer to inflation rates. This is especially important given the difficulties banks have faced under sanctions and the accumulation of non-performing loans from businesses that took significant risks but failed to repay their debts on time.
|
Publish Date: 15/December/2024 | 14:10

Jalili, Pezeshkian debate over sanctions, inflation, housing

Second debate in 2024 Iran presidential runoff election between presidential contenders former health minister Masoud Pezeshkian and former lead nuclear negotiator Saeed Jalili was held on Tuesday night.
|
Publish Date: 02/July/2024 | 21:39

Iran successful in curbing inflation, stabilizing forex

The World Bank says Iran’s economy has continued to grow for the fourth consecutive year, highlighting the success of the Iranian administration in curbing inflation and stabilizing the currency market.
|
Publish Date: 24/December/2023 | 18:19

Agro PPI Inflation at 58.5% in 2nd Quarter

EghtesadOnline: The Producer Price Index for the agriculture sector (agronomy, horticulture and traditional husbandry) in the four-quarter period to Sept. 22, which marks the end of the second quarter of the current Iranian year, increased by 58.5% compared with the year before, new data released by the Statistical Center of Iran show.
|
Publish Date: 22/November/2022 | 20:39

‘Transportation’ Hit 36.2 Percent Inflation

EghtesadOnline: T “ransportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation of 36.2% in the seventh month of the current Iranian year (Sept. 23-Oct. 22).
|
Publish Date: 02/November/2022 | 22:11

“Furniture, Home Appliances” Inflation Surpasses 43%

EghtesadOnline: The average goods and services Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending April 20, which marks the last day of the first fiscal month, increased by 43.2% compared with last year’s corresponding period.
|
Publish Date: 01/May/2022 | 17:39

Inflation 39.2%, SCI Says

EghtesadOnline: The average goods and services Consumer Price Index in the 12 months to April 20 increased by 39.2% from the corresponding period the year before, latest data released by the Statistical Center of Iran show.
|
Publish Date: 24/April/2022 | 17:22

Fiscal 2021-22 Inflation at 40%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending March 20, which marks the final day of the fiscal 2021-22, increased by 40.2% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
|
Publish Date: 03/April/2022 | 16:11

‘Education’ Registers 24.5 Percent Inflation

EghtesadOnline: The average goods and services Consumer Price Index of “education” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, increased by 24.5% compared with last year’s corresponding period.
|
Publish Date: 14/March/2022 | 14:43

Furniture, Home Appliances Register 52% Inflation

EghtesadOnline: The average goods and services Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending Jan. 20 increased by 52.8% compared with last year’s corresponding period.
|
Publish Date: 31/January/2022 | 16:52

Transportation Inflation at 40%

EghtesadOnline: The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Jan. 20 increased by 40.2% compared with the similar period of the year before.
|
Publish Date: 30/January/2022 | 15:44

Food Inflation at 56.5%: SCI

EghtesadOnline: The average goods and services Consumer Price Index of “food and beverages” in the 12-month period ending Jan. 20 increased by 56.5% compared with last year’s corresponding period.
|
Publish Date: 26/January/2022 | 16:29

Budgetary Inflation Imperative

EghtesadOnline: The 70% increase in value added tax, the change in its calculation basis for imports and the rise in fuel prices for industries have inflated the fiscal 2022-23 budget, said the head of the Research Center of Iran Chamber of Commerce, Industries, Mines and Agriculture.
|
Publish Date: 15/January/2022 | 14:15