Inflation (218)

06-03-2017

In February, listed securities in the Syrian stock exchange continued to rally as the market’s main index gained some 18 percent and the value of trading remained well above the monthly average of the past years.

27-02-2017

The annual percentage change in the consumer price index in Syria since 2010.

27-02-2017

Syria’s consumer prices increased by more than 50 percent last August, the most recent date for which official data are available.

21-02-2017

The Syrian President has issued a law aiming at clamping down more severely on illegal quarries and raising government revenues from them.

14-02-2017

Oil supplies are resuming across Syria after weeks of severe shortages, although the economic and political consequences will likely be felt for a long time.

14-02-2017

Consumer prices continued to rise steeply in the middle of last year, new data indicate.

31-01-2017

The release of the preliminary financial statements of Syria’s listed companies provides an initial picture on the performance of Syrian businesses last year.

30-01-2017

Syria’s inflation rate in June 2016, the last month for which data is available, rose to its highest rate in some three years.

24-01-2017

The Ministry of Finance’s Large Taxpayers Unit again posted an increase in its revenues measured in Syrian pounds, according to a government official.

03-01-2017

The main indicators of the Damascus Securities Exchange witnessed an overall positive performance last year when measured on a nominal basis, although the Syrian bourse remains largely disconnected from the economy at large.

13-12-2016

The text of the interview of Bashar Al-Assad by Syrian daily newspaper Al-Watan on December 08, 2016.

06-12-2016

Syria’s annual inflation rate remained very high, although stable, in May.

15-11-2016
Syria's inflation rate was mostly stable in March and April, the last two months for which data are available, the government's statistical body has said.

11-10-2016

Syria’s annual inflation rate stood at 44.1 percent in February, according to official data.

30-08-2016

Syria’s GDP will continue to decline next year, albeit at a slower rate, according to ESCWA, a UN body.

23-08-2016

The Syrian pound is continuing its downward spiral and lost in the last week some five percent of its value relative to the dollar as the Government admits that its foreign currency reserves are now very low.

12-07-2016

Key Syrian economic indicators between 2010 and 2015 based on data from the International Monetary Fund.

28-06-2016

Syria's annual inflation rate per consumption category.

27-06-2016

Syria’s official annual inflation rate reached 48.1 percent, according to the Central Bureau of Statistics.

20-06-2016

The Syrian Government’s decision to impose a sharp rise in the price of oil products has been met by wide complaints in regime-held areas, which seem to reflect the exhaustion of the population.

07-06-2016

The decision by the Central Bank of Syria 10 days ago to reduce the supply of Syrian pound liquidities has helped strengthen the value of the national currency but appears unsustainable in the medium and long-term.

10-05-2016

The US dollar crossed this week the 600-pound level in the Syrian currency market, which is increasingly slipping out of the control of the Central Bank.

19-04-2016

The role of the World Bank will be crucial in the estimated USD 180 billion reconstruction cost of Syria, Jim Yong Kim, the President of the Washington institution said.

05-04-2016

Updated on August 15, 2016: The first quarter of 2016 has seen a return of investors to the Damascus Securities Exchange, although in real terms the price of stocks and the trading value remain well below their pre-uprising levels.

08-03-2016

Syria’s average household budget has continued to increase exponentially last year, a recent study has found.

02-02-2016

Syria’s inflation rate stood at 38.8 percent in July on an annual basis.

19-01-2016

On Saturday, Syria more than doubled the price of electricity sold to households and businesses as the Government continues its drive to generate new resources.

30-11-2015

The dollar continued to climb and reach record levels in the Syrian foreign exchange market this week.

02-11-2015

The Syrian pound has continued its relentless decline as the dollar crossed the 360-pound level and the Euro climbed above 400 pounds this week.

26-10-2015

The U.S. dollar reached a new high today in the Syrian black market, closing at 346 pounds.

19-10-2015

The assets of Syria’s private commercial banks increased 17 percent in the first half of this year in Syrian Pound terms.

12-10-2015

Only weeks after it increased the salaries of civil servants, the Government is raising the price of various products and doubling income tax rates on salaries.

05-10-2015

Syria’s draft budget for 2016 plans a 27.4 percent increase in Syrian Pound terms.

07-09-2015

The value of the U.S. dollar increased again in the Syrian foreign exchange market last week.

31-08-2015

Syria’s annual inflation rate last May reached 39.4 percent, according to official statistics.

24-08-2015

The Ministry of Health has increased by up to 50 percent the price of medicines produced in the country.

17-08-2015

Syria’s inflation rate continued to increase in March and April, according to official data.

20-07-2015

Various groups affiliated to the Syrian opposition are pushing for the replacement of the Syrian Pound by the Turkish Lira in the opposition held northern areas raising a fierce debate among activists and other members of the opposition.

06-07-2015

The dollar has edged past the 300 pound level again as the Central Bank of Syria has issued new one-thousand pound notes without the picture of Hafez Al-Assad.

15-06-2015

Syria’s gross domestic product is forecast to continue to decline this year and next albeit at lower rates than in past years.

15-06-2015

Syria’s insurance market grew 4.27 percent in nominal terms last year, according to official data but continued to decline in real terms.

08-06-2015

Prices increased again in February in Syria with the annual inflation rate at 27 percent.

01-06-2015

Syria’s inflation rate reached 17 percent in 2014 and accelerated in the first month of this year, according to official data.

20-04-2015

The Ministry of Agriculture has increased the price of fertilisers sold to its farmers, raising production costs.

06-04-2015

Syria’s stock index fell on Thursday to its lowest level in over a year after shedding 1.07 percent over the week.

30-03-2015

The Damascus Governorate has increased the administratively set prices of a broad range of food products in restaurants and cafes across the city.

02-03-2015

After several years of steep decline, United Group, Syria’s largest media group, managed to stabilize its operational performance.

19-01-2015

The Syrian Government has increased the price of bread, heating oil, fuel oil and cooking gas to levels that effectively largely reduce its subsidies bill but also dent further the purchasing power of the population, in spite of a partial compensation for wage earners.

19-01-2015

The Syrian Pound is declining again against the dollar after several weeks of stability.

05-01-2015

The land area on which wheat and other cereals are grown this year in Syria is well below the target of the government, threatening a new disappointing crop.