The Statistical Center of Iran (SCI) has released latest monthly data on consumer prices in the country, saying inflation rose to 36.4 percent in the final month of the last calendar year which ended on March 20.
The Statistical Center of Iran (SCI) says the country’s Consumer Price Index (CPI) had risen by 0.2 percentage point to reach 26 percent year-on-year in the calendar month ending September 21.
The Central Bank of Iran (CBI) has imposed a cap on withdrawal of cash from banks amid toughening of rules on money laundering and also efforts to contain inflation.
Data published by the Iranian government’s statistics department shows inflation has nudged down by 1.6 percent in the month ending on February 19, 2019.
Iran has started implementation of open market operation (OMO) policies in its banking system as it seeks control over the capital flow in the country.
The Central Bank of Iran (CBI) says the country’s inflation rate has dropped to 9.7 percent.