Inflation
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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”.
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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.
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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%.
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Italian expert on the consequences of war in Ukraine:
Slow growth, inflation, inequality can weaken EU's cohesion
TEHRAN, Apr. 13 (MNA) – Referring to the Ukraine war and counterproductive effects of sanctions against Russia, Pastori Gianluca says slower growth, higher inflation, and increase in inequality among EU states are sources of concern for the Union.
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VIDEO: Biden gets pooped on by bird during inflation speech
TEHRAN, Apr. 13 (MNA) – US President Biden received an unwelcome surprise when a bird pooped on his suit as he delivered his speech on inflation and the economy.
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Sudanese people hold protests to oust interim gov.
TEHRAN, Jun. 30 (MNA) – At the invitation of various political parties and trade unions, the Sudanese people are taking part today in protests against the dire economic situation in the country, calling for usting the current government.