(Gulf Times-Qatar) Robin Pomeroy and Ramin Mostafavi - Sanctions on Iran are mainly being felt in the form of inflation. The official inflation rate in Iran stands at 20% - up from 8.8% in August 2010. Unemployment is estimated at 14.6%. Most of the rise in inflation can be put down to President Ahmadinejad's decision to abolish billions of dollars of government subsidies.
2011-12-15 00:00:00Full ArticleBACK Visit the Daily Alert Archive