|
Inflation Up In Iran
Iran's Central Bank has announced that the country's annual inflation rate has reached 19.5% – the highest in recent years.
The CB added that last month's goods price index was 3.1% higher than the previous month's, and 24.2% higher than the same period last year.
The online reformist daily Rooz said that the increase in inflation comes despite record oil income revenues of $220 billion in the past three years.
The daily also said that during Friday worship in Qom, senior clerics Ayatollah Ibrahim Emini and Ayatollah Javad Amali criticized the economic policy of the government of Iranian President Mahmoud Ahmadinejad.
Also, the opposition paper Etemad-e Mali, which is headed by Mehdi Karroubi, stated in an editorial that the Ahmadinejad government "is toppling society, which is bowed under poverty, inflation, and high cost of living."
Source: Rooz, Iran, May 4, 2008
Posted at: 2008-05-05
|