Home NEWS IRAN NEWS Inflation surpassed the 40% mark, admitted by regime officials

Inflation surpassed the 40% mark, admitted by regime officials

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Inflation surpassed the 40% mark, admitted by regime officials

INTV, 6 Oct 2013 – An Iranian regime economic expert explains how Iran’s economy is in dire conditions.
“We are suffering from a slump due to inflation, meaning we have inflation over 40% and simultaneously around a 15% unemployment rate. This is while in various areas it is 20%, and in some age groups it reaches even 30%. Such conditions will intensify at least until the next four years,” said Iranian regime economy expert Ali Ghanbari.
“The high unemployment rate has led a decrease in the country’s economic growth, today being 5.4%,” he added.