Overview: Iran Analysis Weekly Report September 04, 2016
Sept. 04, 2016
According to the latest data released by the Central Bank of Iran (CBI), the average inflation rate continued to fall in the 12 months to the Persian month of Mordad (fifth month of the fiscal year, July 22, 2016 – August 21, 2016), reaching 8.7% -- down from 9% in the 12 months to the fourth month of the year, Tir (June 22, 2016 – July 21, 2016). However, the year-over-year inflation increased to 7.4% in Mordad from 6.5% in Tir. Since a few months ago, the falling inflation trend has changed, signaling that the government has been facing challenges in its attempt to retain its achievement -- single digit inflation.
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