Central Bank sees inflation rate below 20 per cent in Iran
Azerbaijan, Baku, Nov.28 / Trend F.Milad/
The Governor of the Central Bank of Iran, Mahmoud Bahmani has predicted that the inflation rate would remain below 20 per cent for the eighth calendar month of Aban (ended November 21), saying that the inflation rate will be officially announced by December 1.
The country's inflation rate increased by 0.8 per cent to stand at 19.1 per cent at the end of the seventh Iranian month of Mehr, Mr Bahmani said, according to Press TV.
The CBI chief further said that the country's inflation growth rate will decline in the coming months. He put last year's inflation rate at 12.4 per cent.