Iran’s Ahmadinejad says inflation rate at 19.3%, ISNA says

Bloomberg: Iran’s inflation rate is 19.3 percent, the state-run Iranian Students News Agency reported, citing president Mahmoud Ahmadinejad.

Bloomberg

By Ladane Nasseri

Iran’s inflation rate is 19.3 percent, the state-run Iranian Students News Agency reported, citing president Mahmoud Ahmadinejad.

Ahmadinejad who spoke yesterday on the Iranian Jam-e-Jam television channel didn’t specify what time frame the rate corresponds to, according to the state-run ISNA report published today.

Iran’s inflation rate accelerated to 19.1 percent in the 12 months through the Iranian month of Mehr, which ended Oct. 22, from 18.3 percent in the previous month.