Controlling inflation rate in Iran

Figures indicate that at the moment, Iran’s point-to-point inflation stands at 16.8%. President Hassan Rouhani took office as Iran’s president when 35.1-percent inflation of had hit Iran’s economy.

Curbing inflation was one of the major promises by Rouhani during his presidential campaign. Under the previous administration, inflation skyrocketed to cross 44%.

The economic team of the new administration immediately checked the growth of inflation and slowed its rise.

Experts say that various factors need to be considered to control inflation: stabilizing foreign currencies, pursuing the policy of détente with other countries and capping the decade-long nuclear dispute.

In this episode of Iran Today, we will see what measures the current administration has taken to control inflation since it took office in 2013.