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Inflation hits 30% in Iran

16 October 2008 18:51 (UTC+04:00)
Inflation hits 30% in Iran
Inflation reached 30% in Iran in September, according to the country`s central bank. This figure increased 4% since August.
Inflation was 11% when President Mahmud Ahmadinejad took office in the country three and a half years ago. Ahmadinejad, who has come under criticism over the rapid climb of domestic prices, has told reporters that the price increases were caused by interference of numerous "covert hands" and mass media.

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