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(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 Article
Rising Prices Main Clue to Iran Sanctions Impact
(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 Article
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