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Iran’s inflation rate stands at 19.8 percent

Iran Materials 11 December 2011 11:42 (UTC +04:00)

Azerbaijan, Baku, Dec. 11 / Trend F.Milad/

The Central Bank of Iran governor Mahmoud Bahmani announced that the country's inflation rate in the eighth calendar month of Aban (ended on November 21) stood at 19.8 percent.

Bahmani had previously said that the country's inflation rate increased by 0.8 percent to stand at 19.1 percent in the end of the seventh Iranian month of Mehr, 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 percent.

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