Inflation

IMF predicts economic growth, inflation reduction for Iran

TEHRAN, Nov. 02 (MNA) – The International Monetary Fund (IMF) has reassessed Iran's economic outlook, improving its forecasts for both inflation and economic growth compared to previous reports.

Iran’s headline inflation down 0.6% to 34.2% in September

TEHRAN, Sep. 23 (MNA) – Figures by the Iranian government’s official statistics agency show that the country’s headline inflation rate dropped slightly in September.

Iran's annual inflation rate drops to 35.5% in July

TEHRAN, Jul. 24 (MNA) – The Statistical Centre of Iran (SCI) has reported that the annual inflation rate for Iranian families reached 35.5% in the year leading to July 21.

Iran inflation rate decreases to 37%, lowest in 3 years

TEHRAN, May 25 (MNA) – The latest economic figures released show that Iran’s annual inflation rate has reached 37%, which is the lowest rate in the past three years.

Iran successful in curbing inflation, stabilizing forex

TEHRAN, Dec. 23 (MNA) – 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.

Raeisi thanks Iraqi gov. for services to Arbaeen pilgrims

TEHRAN, Sep. 07 (MNA) – The Iranian president Ebrahim Raeisi has thanked the Iraqi government and all those who played a part in giving services to and facilitating massive Arbaeen marches this year.

Both jobless, inflation rates decreased: Iran VP

TEHRAN, Aug. 29 (MNA) – Vice President for Executive Affairs Mohsen Mansouri said that not only the inflation rate has decreased but also the jobless rate in Iran has dropped to below 9% since President Raeisi's administration took office.

Iran’s annual inflation rate drops 0.8% in August

TEHRAN, Aug. 27 (MNA) – Figures by the Iranian government’s statistics agency the SCI show the headline inflation rate in the country fell slightly in the calendar month to August 22.

WB figures point to major drop in food inflation in Iran

TEHRAN, Aug. 16 (MNA) – Figures by the World Bank show that food inflation in Iran dropped significantly in June compared to previous months.

Iran’s annual inflation down 1% to 47.1% in July: SCI

TEHRAN, Jul. 26 (MNA) – Figures by the Statistical Center of Iran (SCI) show inflation rate in the country reached 47.1% in the year to late July, down 1% from the same figure reported for the year to late June.

IMF expects major drop in Iran’s inflation in 2024

TEHRAN, Jul. 13 (MNA) –International Monetary Fund (IMF) report expects that the soaring inflation rates in Iran would fall significantly with an increase in demand for Iranian oil in major Asian economies and amid a gradual drop in consumer prices.

UK military personnel seek food bank help amid high inflation

TEHRAN, Jun. 12 (MNA) – Some members of the British military are increasingly relying on food banks to make ends meet amid high inflation and a cost-of-living crisis, local UK media reported on Monday.

Eurozone inflation up to 7 pct in April: Eurostat

TEHRAN, May 02 (MNA) – Eurozone annual inflation was 7 percent in April, up from 6.9 percent in March, according to a flash estimate published on Tuesday by Eurostat, the statistical office of the European Union (EU), according to media reports.

Inflation in Argentina soars past 100%

TEHRAN, Apr. 15 (MNA) – Inflation in Argentina saw an enormous year-on-year surge to 104.3% in March, marking the highest annual rate since 1991, according to data released by the National Institute for Statistics and Census (INDEC) on Friday.

Brits warned of empty shelves in grocery stores

TEHRAN, Mar. 31 (MNA) – UK consumers may have to get used to empty shelves in supermarkets due to unprecedented shortages of fresh vegetables amid record food price inflation and skyrocketing energy costs. media have reported.

Curbing inflation should be gov.'s top priority: cleric

TEHRAN, Mar. 31 (MNA) – Tehran's interim Friday prayers leader, Hojjat-ol-Islam Mohammad Hassan Abu Torabi Fard called on the Raeisi administration to curb rising prices in line with the Leader's instruction in naming the new Iranian year.

UK inflation accelerates, official figures show

TEHRAN, Mar. 24 (MNA) – Prices for food and non-alcoholic drinks have jumped to the highest level since 1977, official statistics show

Raeisi adm. plans to improve people's livelihood: Veep

TEHRAN, Mar. 23 (MNA) – Iran's first vice president Mohammad Mokhber said that economic team of the 13th administration has launched comprehensive and scheduled planning to curb inflation and solve people's livelihood problems this year.

France registers higher inflation

TEHRAN, Feb. 18 (MNA) – Consumer prices in January in the Eurozone’s second-largest economy jumped 6% from a year ago, official data shows

UK teachers, civil servants join mass strike (+VIDEO)

TEHRAN, Feb. 01 (MNA) – UK's teachers and civil servants have joined a mass strike on 'Walkout Wednesday', news outlets reported.

Bank of England tries to rein in soaring inflation

TEHRAN, Dec. 16 (MNA) – The Bank of England (BoE) on Thursday raised the benchmark interest rate for a ninth time in a row this year, in an effort to combat double-digit inflation in the country.

Railway workers in Austria are set to hold strike Mon.

TEHRAN, Nov. 27 (MNA) – Railway workers in Austria are set to hold a one-day strike on Monday after a failed round of talks in pay negotiations, media reported on Sunday.

IMF:

Iran inflation rate lower according to IMF figures

TEHRAN, Oct. 17 (MNA) – The statistics of the International Monetary Fund (IMF) showed that Iran’s inflation rate has lowered among the world's top countries with the highest inflation during the 13th government under President Raeisi.

IMF:

Iran’s economy predicted to grow 3% in 2022 despite sanctions

TEHRAN, Oct. 12 (MNA) – The International Monetary Fund (IMF) predicted that Iran's economy will experience positive growth in 2022 for the third consecutive year.

As inflation bites;

French intellectuals urge protests against Macron

TEHRAN, Oct. 09 (MNA) – Numerous French intellectuals have urged the nation to revolt in protest at President Emmanuel Macron’s failure to improve economic conditions amid soaring inflation.

US inflation hits 9.1%, its highest rate in 40 years

President Joe Biden criticised the latest data showing US inflation had last month reached a 40-year high and said the figure failed to account for the “nearly 30 days of decreases in gas prices”.

S. Korea inflation hits 13-yr high

TEHRAN, May 03 (MNA) – South Korea's consumer inflation quickened far more than forecast and hit a more than 13-year high in April, boosting expectations in the bond market for more central bank interest rate rises this year.

IMF predicts 3% growth for Iran's economy in 2022

TEHRAN, Apr. 19 (MNA) – The International Monetary Fund (IMF) has predicted that Iran’s economic growth rate will be 3% in 2022, while the inflation rate will drop by almost 8%.