Inflation

Gasoline price hike should’ve been gradual: senior cleric

TEHRAN, Dec. 13 (MNA) – Tehran’s provisional Friday prayers leader criticized the government for having failed to implement the rationing of subsidized gasoline and increasing fuel prices in a gradual manner.

Pakistan considering importing tomatoes from Iran to curb rising prices: report

TEHRAN, Nov. 13 (MNA) – The Pakistan government announced on Wednesday that it is considering importing tomatoes from Iran in a bid to put the brakes on spiking prices of the product.

National currency regains 21% of its value: CBI gov.

TEHRAN, Nov. 04 (MNA) – Governor of Central bank of Iran says the national Iranian currency, rial, has regained its value by 21 percent against the US dollar over the past year.

US sanctions to have no new effect on Iran’s economy: IMF

TEHRAN, Oct. 28 (MNA) – In its latest report, IMF announced that the sanctions reimposed by the United States against the Islamic Republic of Iran in 2018 and were exacerbated in 2019 will have no new effect on the economy of the country.

US ‘inept’ admin. causes problems for all: Rouhani

TEHRAN, Aug. 24 (MNA) – Iranian President Hassan Rouhani said that US’s administration has created many problems for Iran, the region, and even for its own people.

Nobakht:

Monthly inflation rate down, economic growth to improve next year

TEHRAN, Jul. 03 (MNA) – "The government managed to curb the inflation rate in the past months and according to predictions economic growth will improve in the next Iranian calendar year," Head of Plan and Budget Organization Mohammad-Bagher Nobakht said on Wednesday.

Senior cleric urges for large turnout for Quds Day rallies

TEHRAN, May 24 (MNA) – Tehran Provisional Friday Prayers Leader Ayatollah Mohammad Ali Movahhedi Kermani has called on the people to turn out for Quds Day rallies.

CBI gov. announces plan to curb inflation

TEHRAN, Apr. 28 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced the bank’s plan for controlling the fluctuating macroeconomic variables including inflation on his Instagram page on Sunday.

Rouhani vows to establish more friendly ties with neighbors in New Year

TEHRAN, Mar. 21 (MNA) – Iranian President Hassan Rouhani has issued a message on the occasion of New Year, noting that Iran will establish more friendly relations with its neighboring countries in this year.

Iran foreign debt to drop to $9.3bn by year end: World Bank

TEHRAN, Dec. 28 (MNA) – According to the latest World Bank figures, at the end of the current Iranian year (ending Mar. 21, 2019) Iran's foreign debt will reduce to $ 9.3 billion while the country's oil exports are estimated at 1 million bpd next year.

Inflation rate in Iran continues to rise in autumn

TEHRAN, Dec. 23 (MNA) – The inflation rate in the last month of fall in the Iranian calendar reached 18%, indicating 2.4% increase compared to the previous month, according to figures released by the Statistical Center of Iran Sat.

Iran central bank says inflation rate rose to 15.9% during 1st month of fall

TEHRAN, Oct. 27 (MNA) – The Central Bank of Iran (CBI) has announced that the inflation rate for the 12 month leading to the start of fall rose to 15.9% compared to the same period last year.

Iran inflation rate rises to 32.8% in October

TEHRAN, Oct. 25 (MNA) – According to the head of Statistical Center of Iran the point-to-point inflation rate during the Iranian month of Mehr (beginning on 23rd of Sep. and ending on 22nd of Oct.) amounted to 32.8%.

Leader calls for practical measures to rein in economic woes

TEHRAN, Oct. 11 (MNA) – Leader of Islamic Revolution Ayatollah Khamenei called for practical and serious measures to solve the country’s major economic issues, including those related to banking system, employment, inflation and liquidity.

By: Mohammad Maz'hari

Targeting Iran’s security, new phase in soft war

TEHRAN, Jan. 26 (MNA) – Iran saw some surprising events for a week starting 28 December when protests broke out in Mashhad, northeastern Iran. A group of people in the city lost their money as a result of the collapse of unlicensed credit and finance institutions in recent years and gathered at the Shohada square, criticizing Iranian state economic performance.

Iranian Parliament Research Center:

Economic growth to hit 4.1% this year

TEHRAN, Jan. 07 (MNA) – In its latest report, Iranian Parliament Research Center put the country’s e economic growth in the current year at 4.1 percent.

Monthly inflation rate stands at 8.2%

TEHRAN, Oct. 25 (MNA) – Statistical Centre of Iran has officially announced that point-to-point Iran’s inflation rate reached 8.2% in the 12-month period leading to the present Iranian calendar month (began October 23).

Monthly inflation rate stands at 10%

TEHRAN, Aug. 27 (MNA) – Central Bank of Iran (CBI) has officially announced that the country’s inflation rate reached 10 per cent in the 12-month period leading to the previous Iranian calendar month (ended August 22).

Zarif:

US blockage of $3.5bn Iranian assets banditry

TEHRAN, Apr. 29 (MNA) – Iran’s foreign minister described confiscation of 3.5 billion dollars of CBI assets by the US as an instance of international banditry.

Rouhani:

Democracy’s end in horizon if public loses trust in ballot boxes

TEHRAN, Apr. 03 (MNA) – President Hassan Rouhani has made an earnest entreaty to political rivals they should abandon hitting the government as ammunition for election campaign as it would deprive public of their trust upon ballot boxes as the sole cause of the hope for the future.

Annual inflation rate stands at 9%

TEHRAN, Mar. 28 (MNA) – Central Bank of Iran has announced that Iran’s inflation rate in the previous year (ended March 21) as compared to the earlier year stood at nine per cent.

Economy min. writes to Leader:

last year economy promises hope

TEHRAN, Mar. 23 (MNA) – Iranian Economy Minister Ali Tayebnia wrote a letter to Iran’s Leader and recounted the success garnered by the government to practice the policies of Resistance Economy.

Monthly inflation rate stands at 6.8%

TEHRAN, Mar. 20 (MNA) – Statistical Centre of Iran has officially announced that point-to-point Iran’s inflation rate reached 6.8 per cent in the 12-month period leading to the present Iranian calendar month (began February 19).

Cabinet spox.:

Blanket judgements not genuine criticism of economic achievement

TEHRAN, Mar. 14 (MNA) – Mohammad Baqir Nowbakht has told a press conference IRIB’s measure to resort to street-level citizens for an economic assessment would be misleading the nation.

Leader:

Economic improvement 'failed to translate into daily life of public'

TEHRAN, Mar. 09 (MNA) – Leader of the Islamic Revolution has told Assembly of Experts members they have a great mission with far-reaching impacts on the future of the country.

Rezaei:

Trump not as flexible as Obama in dealing with Iran

TEHRAN, Mar. 08 (MNA) – Former IRGC general and current secretary of the Expediency Council has warned President Rouhani of ‘little dynamism’ to save an economy already in trouble, since a new president in the White House would decide differently than had Obama in the past.

Govt. debts totals $184bn

TEHRAN, Feb. 19 (MNA) – Ministry of Economy has reported that government’s debts have totaled $184bn which accounts for only 16 per cent of GDP as mid-January 2017.