The housing market is to blame! – Tejarat News
According to Tejarat News, after the Minister of Economy announced in a TV program that the 13th government has turned off inflationary engines, the report of the Statistics Center was published, according to which the inflationary engine was started and turned on in August. According to the report of the Statistics Center, point-to-point inflation in this month has reached 39.8%, which is 0.4% higher than July’s point-to-point inflation, and August monthly inflation is estimated at 2.4%, which is 0.4% more. It is from the monthly inflation rate of July.
After that, Abdul Nasser Hemmati, the former head of the Central Bank, published a tweet referring to the increase in the inflation rate in August. is, either he is a liar or he does not know economics”
But the Minister of Economy blamed the increase in the inflation rate in August on the housing market. Ehsan Khandozi, the Minister of Economy, said that despite his recent statements that the engines of inflation have been turned off, the statistics show that the engine of inflation has restarted in August. And rent leaves a contribution to inflation every year.
He continued: The government’s estimate is that basically this increase in the inflation rate is not sustainable, and considering the 30% share of the rent increase on inflation, this upward trend will return and therefore the increase in the inflation rate is not continuous.
This claim of Khandouzi is while Mehrdad Bazarpash, the Minister of Roads and Urban Development, announced in August that one of the achievements of the 13th government is the reduction of housing prices, and Bazarpash also claimed that according to the announcement of the head of the Central Bank, housing prices in most areas of Tehran will decrease between 15% and this trend will continue.
Of course, last week Iqbal Shakri, a member of the parliament committee, announced that according to the reports of the officials of the Ministry of Roads and Urban Development in the parliament, the rental rate has decreased by 15%.
Source: Ilana