Azerbaijan, Baku, Feb. 26 / Trend /
Annual growth rate made up 6.4 percent in industry and 8.4 percent in mining in Iran at the end of January, 2010, Iranian Central Bank President Mahmoud Bahmani told Iranian news agency MEHR.
"During the year, inflation ratio fell to 11.5 percent and is expected to reduce to 10.5 percent by the end of March. By the end of last year, inflation stood at 25.4 percent," Bahmani said.
Bahmani said the decline in inflation this year is the most important event for the last 30 years in Iran.
"The inflation ratio fell from 25.4 percent a year ago to 12.2 percent at the end of December, and to 11.5 percent at the end of January," Bahmani said.
The level of liquidity in the country reached 15.9 percent in 2008 and this year this figure rose to 20 percent in order to avoid damage to industrial and manufacturing companies.
Efficiency term of money use in Iran is five years, Bahmani said.
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