The Central Bank of Iran governor Mahmoud Bahmani has predicted that inflation rate would remain below 20 percent for the eighth calendar month of Aban (ended November 21), saying that the inflation rate will be officially announced by December 1, the Pana news agency reported. The country's inflation rate increased by 0.8 percent to stand at 19.1 percent in the end of the seventh Iranian month of Mehr, Bahmani said, according to Press TV. The CBI chief further said that the country's inflation growth rate will decline in the coming months. He put last year's inflation rate at 12.4 percent.
