A remarkable decrease in the rate of inflation in Syria economy

The general inflation rate calculated in Syria for the period from February 2024 to January 2025 was 46.7%, which is the lowest rate of 119.7% calculated during the same period for the previous year.

According to the report of inflation indicators in Syria for the month of January, issued by the Directorate of Economic Research, General Statistics and Planning in the Central Bank of Syria, the continued rise in prices is due to the inflationary pressures resulting from the high cost during the current calculated period, but not at the levels of heights taking place during the previous period.

According to the Syrian Arab News Agency (SANA), the annual inflation rate for the month before last reached 6.4%, which is much lower than the average 118.9% registered for the same period in 2024.

This is due, according to the report, to the improvement of the process of bringing the regime of Bashar al -Assad to improve in the exchange rate of the Syrian pound, and a significant increase in the offer of goods and materials in the local market, which led to a fundamental decline in inflationary pressures.

The monthly inflation rate for the month before last reached 8.7%, retreating from the average rate of 13.8% recorded in December 2024, and this is explained by the decline in prices after the overthrow of the previous system as a result of the significant decline in inflationary pressures in light of the large increase in the supply of goods, materials and improvement in the exchange rate.