inflation

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  • inflation rate 2025/09/29

    By Salman Parviz

    Can deleting zeros from local currency remedy inflation?

    TEHRAN -- Although inflation is a global issue but it is more severe in Iran than most countries mainly due to U.S. sanctions and now that E3 (France, Germany and UK) triggered snapback, UN sanctions came into effect from Saturday, three months after Israel and the U.S. bombed Iran. The snapback sanctions will make matters pertaining to commodity prices worse. The imposition of snapback sanctions essentially kills Joint Comprehensive Plan of Action (Iran nuclear deal). Iran has recalled its ambassadors from E3.

  • SCI 2024-07-29 16:05

    Point-to-point inflation rate stands at 32.2%

    TEHRAN - The Statistical Center of Iran (SCI) has put the country’s point-to-point inflation rate at 32.2 percent in the fourth Iranian calendar month Tir (ended on July 21).

  • Brits paying 90% more for energy as inflation hits new record 2022-11-16 22:34

    Brits paying 90% more for energy as inflation hits new record

    TEHRAN- The rate of inflation in the United Kingdom rose to a 41-year high of 11.1% last month. The figure, led by the ever-increasing higher energy bills and food prices, is much more than what economists and government agencies had anticipated.