Damascus, SANA- Syria’s overall inflation rate for the period from February 2024 to January 2025 amounted 46.7%, which is below the 119.7% rate calculated during the previous period.
The annual inflation rate for January 2025 was 6.4 %, much lower than the 118.9 % rate recorded for the same period in 2024.
“this is due to the improvement in the exchange rate that followed the liberalization process, and a significant increase in the supply of goods and materials in the local market, which led to a significant decline in inflationary pressures”, According to the January inflation indicators report in Syria issued by the Directorate of Economic Research, General Statistics and Planning at the Central Bank of Syria.
The monthly inflation rate for January 2025 amounted to 8.7 percent, which is higher than the rate of 13.8 percent for December 2024. This is explained by the decline in prices after liberalization as a result of the significant decline in inflationary pressures in light of the significant increase in the supply of goods and materials and the improvement in the exchange rate.
Fedaa
