Ahmad Alavi: Decrease in Inflation Rate Does Not Mean Cheaper Goods

The Statistical Center of Iran announced on Wednesday, April 20, that the inflation rate decreased to 10.8 percent in Farvardin. In an interview with Ahmad Alavi, an economic expert and university professor, I asked him about the significance of the inflation rate dropping to 10.8 percent. Mr. Alavi believes that the decrease in the inflation rate means that the speed of 'price increases' has slowed down, and this does not imply that goods are becoming cheaper. He adds that this amount of decrease in the inflation rate, which the Iranian government considers a significant achievement, is still very high on an international scale; meaning that if we consider the international inflation rate to be around three percent, this level of inflation is indeed very high. This university professor also believes that there is a direct relationship between the increase in inflation and the increase in liquidity during Hassan Rouhani's administration compared to Mahmoud Ahmadinejad's government. Listen to the conversation with Ahmad Alavi below: Embed share conversation with Parvaneh Vahidmanesh with Ahmad Alavi, economic expert, about the decrease in the inflation rate in Iran from Radio Farda.