1. Iran is experiencing an implied monthly inflation rate of 69.6%.
For comparison, in the month before the sanctions took effect (June 2010), the monthly inflation rate was 0.698%.
2. Iran is experiencing an implied annual inflation rate of 196%.
For comparison, in June 2010, the annual (year-over-year) inflation rate was 8.25%.
3. The current monthly inflation rate implies a price-doubling time of 39.8 days.
For certain goods, such as chicken, prices may be doubling at an even faster rate.
As for all posts click-thru headline to see complete third party article on original site
No comments:
Post a Comment