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Iranians’ Purchasing Power Diminishing With Inflation At Peak – ایران اینترنشنال

Iranians’ Purchasing Power Diminishing With Inflation At Peak – ایران اینترنشنال

Iran’s Statistical Center has reported an inflation rate of 46 percent, indicating no significant change despite rise in oil sales and the release of frozen assets. According to the latest report from ISC, the point-to-point inflation rate is approximately 40 percent, signifying that Iranian households now spend 40 percent more on purchasing an “identical set of goods and services” compared to September 2022.In the absence of credible data from the Central Bank of Iran regarding inflation rates, Iran’s Statistical Center has become… 

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