Iran takes control of inflation

Iran takes control of inflationIn the past two months the Iranian authorities have not only succeeded in taking control of inflation, but also managed to decrease it, the government's spokesman Mohammad Bagher Nobaht said.He predicts that the decline of inflation will continue until the end of the current Iranian calendar year (March 21, 2014). Therefore, overall yearly inflation will most probably amount to 35%.In the past two months the Iranian authorities have not only succeeded in taking control of inflation, but also managed to decrease it, the government's spokesman Mohammad Bagher Nobaht said.

He predicts that the decline of inflation will continue until the end of the current Iranian calendar year (March 21, 2014). Therefore, overall yearly inflation will most probably amount to 35%.