Posted on 04/23/2012 5:55:10 AM PDT by nuconvert
April 23 After announcing two weeks ago that the official inflation rate in the final month of the past Iranian year (ending March 19) was 21.5 percent, the Central Bank of Iran (CBI), which had stopped reporting commodity prices last spring, released a report on the prices of 33 essential household goods. Average prices for the surveyed items have risen from 18 to 146 percent in the past year.
Vegetables headed the list, with a price index increase of 146 percent during the past 12 months. Dairy products were next, with an increase of 59 percent. The price of beef at retail jumped 50 percent on average since spring 2011, while chicken prices rose 39 percent over the same period. The cost of rice and wheat products climbed by 28 and 45 percent respectively.
In its coverage of the CBI report, the state-controlled Islamic Republic of Iran News Network (IRINN) did not directly examine the effects of this level of inflation on families around the country. However, according to IRINN, "The extent of the price increases has forced the authorities to shift their official line from accusing the media of creating inflation to promising the public that they will combat any increase in prices." The network's story concluded that Iranian families are frustrated by the soaring cost of essential goods and by the lack of government action in response.
(Excerpt) Read more at pbs.org ...
pong
When their government economists get a little more sophisticated and/or Westernized, they will use official BLS tricks like "substitution" and "weighting" instead to censor and hide data they don't like.
Kinda reminds ya of the good ol' USSA these days
In describing this model, I'm thinking this is what Obama would like to create in the US.
“The Islamic Republic of Iran is very similar in many respects to Communist states”
Yes, it does copy a lot of Russia’s tactics. However, there is a distinct lack of “fervent support of the underclass “. (I assume you mean support of the regime by the underclass - of which there is little)
Yes, the basij come from the underclass, but they are a small minority of people.
If they had not mentioned the Bank Of Iran you wouldn’t know this was about a place outside the United 57 States Of Obama.
This chart shows a change of 12% in about one day towards the end of january........ what happened?
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