Iran: Inflation hits almost 14%

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The inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) was 13.3 percent, IRNA reported on Thursday.

That was while the Statistical Center of Iran had put the Aban inflation rate at 13.1 percent.

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

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