CBI: Iran's YOY Inflation at 36.9% - (Oct 2018)

The goods and services Consumer Price Index for urban areas for the Iranian month Mehr, ending Oct. 22, increased by 36.9% compared with the similar month of last year.

According to the Central Bank of Iran's latest report, the overall CPI (using the Iranian year to March 2017 as the base year) stood at 148.4 in Mehr, indicating a 4.6% increase compared with the previous month.

The average CPI in the 12 months ending Oct. 22 increased by 15.9% compared with last year’s corresponding period.

News No: 2462
Date: 2018/10/28 - 18:55
News Source: Financial Tribune



Leave a Comment:


CBI Governor: Japan Restarts Oil Imports from Iran

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Monday that Japan has resumed supply of crude from Iran.

Iran Plans to Remove 4 Zeros from Currency

The Central Bank of Iran has tabled a motion to lop off four zeros from the country’s currency, CBI chief announced.

Iran, Syria to Broaden Economic Ties

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Tehran and Damascus have agreed to deepen and bolster bilateral banking relations, and the two sides are determined to expand bilateral trade and business in national currencies of the two countries.

Iran, India to Start Rupee Payment Mechanism

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and India’s Ambassador Saurabh Kumar, in a farewell meeting at the end of the envoy’s mission in Tehran, discussed banking relations between the two countries, and announced that the rupee payment mechanism between the 2 countries will become operational in coming days.

Next Budget to Address Economic Concerns

Parliament Speaker Ali Larijani said that the budget bill for the new Iranian year (to start on March 21, 2019) will focus on resolving economic issues to lower unemployment rate, increase the volume of non-oil exports, and boost national production.

Iran Reassures Control over Foreign Currency Market

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati reassured that the country is in full control over foreign currency exchange market.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners