From continued inflation of 80% to a scenario of 103%; What are the prerequisites for inflation mitigation?
The central bank announced the point-to-point inflation rate for October at 83.5% and the monthly inflation for October at 4.6%.
The Statistics Center of Iran announced spot and monthly inflation of 88.7% and 4.4% respectively.
According to the central bank, this is the fifth month in a row and according to the statistics center, this is the sixth month in a row, spot inflation is in the 80% range.
Therefore, inflation is at a point where it can decrease if it is accompanied by economic reforms and political openings, otherwise the conditions to control inflation will become difficult as the economic blockade continues.
The forecast for inflation until the end of the year is also affected by the changing political conditions.
In the pessimistic scenario, the continuation of the average monthly inflation of 7.5% in the first quarter or the first quarter, could bring the point inflation of March to 103.3%.
In the middle scenario, with the continuation of monthly inflation of 4.6% in October, this index will reach 82.2%.
In the optimistic scenario, the continuation of monthly inflation of 3.7% in the summer will reduce the spot inflation at the end of the year to 76%.
The official channel of Donya Akhtaz newspaper.