Iran inflation rate slows down to 9.7%: CBI
The file photo of the headquarters of the Central Bank of Iran in Tehran/ The Central Bank of Iran (CBI) says the country’s inflation rate dropped to 9.7 percent in the 12-month period leading to the Iranian calendar month of Khordad (June 20). Iran’s inflation rate eased into single digits for the first time in a quarter century following the lifting of sanctions against Tehran after the implementation of a landmark nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA), in January. Iran and the five permanent members ...
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