Inflation

Garrett Nada      The biggest news in April was a gasoline price hike as President Rouhani began long-delayed subsidy reform. The cost of a liter jumped 75 percent; consumption reportedly declined by half within days. The move follows Supreme Leader Ayatollah Ali Khamenei’s warning that Iran will…

            Government mismanagement, rampant inflation and international sanctions have taken a heavy toll on Iran’s economy, according to a new study by the International Monetary Fund (IMF). Martin Cerisola, Assistant Director for the Middle East and Central Asia Department, visited Tehran from…

Kevan Harris What is the status of Iran’s economy three months after President Hassan Rouhani’s inauguration?      In a televised interview marking his first 100 days, President Rouhani acknowledged that the state coffers were virtually empty when he assumed the presidency. The government did…

Bijan Khajehpour            After taking over the presidential office in early August, President-elect Hassan Rouhani will face a long host of economic challenges. He has made the economy—especially tackling unemployment—his highest priority, but it is clear that the process of reversing the…

            Iran is facing double-digit inflation, high consumer prices, rising unemployment, and anemic economic growth, according to a new report by Jahangir Amuzegar, a former executive board member of the International Monetary Fund. But not all of Iran’s economic problems are caused by…

            Iran’s economy has shrunk for the first time in more than twenty years. It shrank by 1.9 percent in 2012 and could contract by 1.3 percent in 2013, according to a new report by the International Monetary Fund (IMF). Unemployment is also expected to rise to 13.4 percent in 2013, up from…

Kevan Harris What is the state of Iran’s economy in 2013 compared to a year ago?             Iran's economy enters 2013 significantly worse than a year ago, particularly with higher inflation and unemployment than at the beginning of 2012. The rial also plunged from around 11,000 to the dollar…

Kevan Harris What is the state of Iran’s economy in 2013 compared to a year ago?             Iran's economy enters 2013 significantly worse than a year ago, particularly with higher inflation and unemployment than at the beginning of 2012. The rial also plunged from around 11,000 to the dollar…