Iran inflation surges to 66% as war hits household budgets
Edited By WION Video Desk
Published: Aug 08, 2026, 09:16 IST | Updated: Aug 08, 2026, 09:16 IST
The ongoing conflict has severely aggravated Iran's economic collapse, pushing average annual inflation to over 60%, driving food inflation past 130%, and forcing sharp cuts to subsidized fuel quotas. The International Monetary Fund projects Iran's wartime economy to contract by 6.1%.
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