Article: “GOVERNMENT ADVISOR: INFLATION REMAINING BELOW 3% REFLECTS THE EXISTENCE OF A SYSTEM THAT HAS SUCCESSFULLY ABSORBED SHOCKS”
Quote: “Saleh explained that although the parallel market witnessed significant deviations in the exchange rate, reaching about 16%, from its rates before the Hormuz shock and the 12-day war before it this year, the annual inflation rate remained below 3%, noting that this paradox reflects the existence of an integrated economic policy system that succeeded in absorbing shocks and limiting their transmission to the general price level.” : Samson
