Iranian Statistical Center: The inflation rate rose to 88% in June economy

aljazeera.net
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The Iranian Statistics Center said on Saturday that the country’s inflation rate accelerated sharply in June due to the war, to nearly 88.6% on an annual basis, and Iran has long been suffering from a rise in inflation rates as a result of the sanctions imposed on it.

The center, an official body, explained that food prices in Iran more than doubled during the same Persian month of Khordad, which extends from May 22 to June 21, compared to the same period in 2025.

The prices of bread and grains recorded an increase of approximately 138.8%, while the price of red meat and poultry increased by 178.2%.

Iranian statistics are issued monthly based on the Persian calendar. For comparison, the inflation rate reached 68% in February, i.e. the Persian month of Bahman, before the outbreak of the war launched by the United States and Israel against Iran.

epa13008457 People shop in a bazaar in Tehran, Iran, 01 June 2026. Following conflict between Iran, the US, and Israel, Iran is facing high inflation and an economic crisis. According to the Statistical Center of Iran, annual inflation reached 50.6 percent in March 2026, reflecting continued price pressures across the economy. EPA/ABEDIN TAHERKENAREH RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV. (As mandated by Iran's Directorate General for Foreign Media) --
According to official data in Iran, inflation rose from 77.2% in May to 88.6% this month (European)

Historic leap

A report issued by the Central Bank of Iran revealed a historic jump in the annual inflation rate, reaching 77.2% on an annual basis in the period between April 21 and May 20, with a monthly increase of 8.5% compared to the previous month, and the commodity price inflation rate reached 113%.

The Iranian economy has been suffering for years from hyperinflation and a sharp decline in the value of the local currency, the riyal, especially as a result of international sanctions imposed on Tehran.

The significant decline of the Iranian currency, which leads to a rapid erosion in the purchasing power of citizens, has worsened in particular in recent months, and was the spark that launched widespread protests at the end of last year. The demonstrations began by denouncing the deteriorating living conditions, before expanding to the protesters raising political demands.

The inflation rate in December 2025 was 52.6%.



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