North Khorasan's Monthly Inflation in Shahrivar Below National Average

The Deputy Governor for Economic Coordination of North Khorasan reported a monthly inflation rate of 2.5% in the province during Shahrivar, which is 1.7 percentage points lower than the national monthly inflation rate of 4.2%.

The Deputy Coordinator of Economic Affairs of North Khorasan governorate announced the monthly inflation of 2.5% in the province during the month of September. A figure that is 1.7 percentage points less compared to the country's monthly inflation of 4.2 percent.

According to the report of Arjan Ambassador, Hadi Rajainia stated in the meeting of the Provincial Government Punishment Commission: In order to control the increase in prices, factors affecting the price of goods should be expertly identified and corrective measures should be adopted according to the conditions of each group of goods.

He added: Part of the increase in prices is caused by macroeconomic issues and the growth of the cost of providing goods, but in some cases, the weakness of infrastructure, the existence of monopoly and the lack of effective supervision also play a role in the increase in prices.

Referring to the province's plans to control the market, the deputy economic affairs coordinator of North Khorasan governor said: This year, in addition to intensifying supervision, focusing on priority product groups that affect inflation is on the agenda. In order to increase the effectiveness of these measures, the intelligent monitoring mechanism must be implemented in all product groups.

Referring to the capacity of science and technology park and knowledge-based and technological companies of the province, Rajainya said: using the specialized power of these complexes can help to make the supervisory processes smarter and strengthen the market control mechanisms.

He also announced a 345% increase in market monitoring in the first six months of this year compared to the same period last year and emphasized that inflation monitoring should continue in a continuous and partial manner. In addition to dealing with high prices, it is also necessary to identify and correct factors that increase prices in the market and the micro economy.

In the end, referring to the inflation situation of the province, the deputy economic affairs coordinator of North Khorasan Governor stated: The monthly inflation rate of North Khorasan in September was recorded at 2.5%; While this index has reached 4.2% in the country.