Wednesday 26 December 2012

Economic Survey Reveals Iran’s Slowdown Eurasia Review

Iranian Parliament’s research centre has announced that a survey of 98 economic organizations from across the country reveals that production at these organizations has fallen by 40 percent in the past year.

The 40-percent drop is accompanied by a 36-percent increase in job losses in the same period.

The report adds that the prices of produced goods have risen by 87.9 percent, while the cost of primary materials has jumped by 112.1 percent.

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