Current Month Prices Compared to Last Year Increased by 37%
The
Central Bank of Iran (CBI) announced that the inflation rate in the 12-month period
ending December 20, 2012 hit 27.4 percent. (Mehr News Agency, 10 January)
Mehr
also reported that the prices for the month of Azar (ending 20 December) increased
by 37 percent over the same month last year. (Mehr News Agency, 10 January)
8 comments:
It's much more higher.
INFLALTION BY ITSELF IS NOT A BAD THING.WHEN MARKET IS TOO HOT INFLATIONS HELP TO DAMPENED (SLOW) THE ECONOMY.SUPPLY AND DEMAND IS A NATURAL PARTS OF NATURAL ECONOMY UNTIL IS MANIPULATED..IN U.S THEY CREATE A FAKE SUPPLYS AND DEMAND AND KEEP THE INFLATION UNDER CONTROL PURE MANIPULATION,JUST LIKE NOW.IN MOST CASES BANKS PAY YOU ZERO INTEREST AND IF YOU LUCKY .0135 INTEREST ON YOUR DEPOSITS.IN IRAN MINIMUM INTEREST RATE FOR 1 YEAR TERM DEPOSIT IS AROUND 17%.(TO MAKE IT EASIER TO UNDRESTAND)NATURAL ECONOMY HAS ITS OWN UPS AND DOWNS .CONTROLLED ECONOMY LIKE WEST/U.S IS CONSTANTLY MANIPULATED BY FEDERAL RESERVE.
inflation, combined with a huge drop in Iran's export earnings, IS a problem, one of several major problems facing the Iranian economy.
Considering the US/Zionist economic and geo-political pressue on Iran, this is not as bad as could have been, compared to many South American nations like Argentina and even Arab ones who are not under sanctions. Iran must ban all non-essential luxury imports and embark on a staged import substitution program. Iran's population and strategic mass is enough to sustain a viable domestic manufacturing economy and integrate more closely with China, India and rising Asian powers. The US is a bankrupt deatbeat anyway and looking at the problems with its exports, particulrly third rate Boeing aircraft that spring a leak every day. Check out the quality and manufacturing disaster with the so-called "Dreamliner" that has become an embarrassment for most airlines that were unfortunate enough to buy it, so in essense these sanctions hurt the bankrupt US more than Iran as it has been shut out of a lucrative resource rich economy of 80 million educated people. Iran will survive, but not to sure about the deadbeat warmongering US economy as the Zionists bleed it to death and economic power shifts to Asia. China will account for 44% of all global manufacturing by 2020 while the deadbeat US will produce only 5% or less, even that is all in warmongering and weapons exports to puppet Arabs and Euro-idiots that have to pay protection money to American thugs.
USKOWI,with due respect do you view the inflation as a pointer to the fall of the regime -I MEAN DO YOU VIEW THE HIGH INFLATION as a shortcut journey towards the shelve life of the ADMINISTRATION?
It's called minor technical problems.Every new airplane or car when first manufactured has minor technical problems which is soon ironed out.
Boeing is a first rate company to say otherwise is pure stupidity and ignorant.
I hope when it's your time to fly it will be in a Boeing and specially a Dreamliner piloted by a Jew.8)
A bankrupt economy.
Birds of a feather...?????
http://www.latimes.com/news/nationworld/world/la-fg-venezuela-economy-20130112,0,7119438.story
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