Sunday 08 July 2012

Iran lawmaker says inflation is 33.5 percent

Bloomberg

By Ladane Nasseri

An Iranian Parliament member rejected an inflation figure of 22.5 percent as given by official agencies, saying the current rate is 33.5 percent, Donya-e- Eqtesad reported.

The figure hasn’t been officially released, Gholamreza Kateb, the spokesman for the Parliament’s planning committee, said without giving further detail, the newspaper said.

Iran’s inflation rate accelerated to 22.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 20, from 21.8 percent the previous month, the Central Bank said last month.




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