Bloomberg News

Iran Lawmaker Says Inflation Is 33.5 Percent, Donya Reports

July 08, 2012

An Iranian Parliament member rejected an inflation figure of 22.5 percent as given by official agencies, saying the current rate is 33.5 percent, Donya-e- Eqtesad reported.

The figure hasn’t been officially released, Gholamreza Kateb, the spokesman for the Parliament’s planning committee, said without giving further detail, the newspaper said.

Iran’s inflation rate accelerated to 22.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 20, from 21.8 percent the previous month, the Central Bank said last month.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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