In the October report of the Central Bank of Iran, which was published very late in mid-November, the annual inflation rate in the country was announced with a slight decrease of 71.4% and the monthly inflation rate of 4.6%, which is the continuation of the upward trend in the last three months.
🔸 Despite the drop in inflation point by point, the central bank report says that monthly inflation reached 4.6 percent after three consecutive months of increase.
🔸 In addition to inflation, the US naval blockade and restrictions on oil exports also escalated the pressure on Iran's economy, and the value of Iran's national currency also decreased significantly.
🔸 The price of the American dollar in the open market of Iran on Thursday, November 12, was unofficially announced as 264 thousand 200 tomans.