Iran inflation near 90%

War speed up Iran inflation, from 68% in February to near 90% now.

June 27, Statistical Center of Iran say June inflation reach 88.6% year-on-year, mostly due to Middle East war. In February, before war start, figure only 68%.

During May 22-June 21, by Iran statistics, food price more than double year-on-year. Bread, cereal price up 138.8%. Milk, egg, cheese price up over 150%. Red meat, poultry price up near 180%.

People shop at market in Tehran June 11. Photo: Reuters

Advertisement

Stay

Playback speed

1x NormalQuality

AutoBack322p240p144pAutoBack0.25x0.5x1x Normal1.5x2x

/

Skip

Ads by

For years, economy struggle with high inflation, weak rial, mostly due to international sanctions. Iran now among most sanctioned nations, due to nuclear program.

Crude oil is economic lifeline, big contributor to budget, foreign reserves. Yet, output limited by years of sanctions, low investment.

In 1979, one US dollar buy 70 Iranian rials. Now, one USD buy near 1.4 million rials.

Currency lose 56% value in half year. Fast rial drop spark merchant protests in December 2025. Situation worse in recent months due to Middle East war.

DW quote Iran government estimate showing economy lose about 229 billion euros (260 billion USD) from war. Government force to borrow big money to pay for conflict, Iran Minister of Economy and Finance Seyed Ali Madanizedah say. Loan can push inflation higher in coming months.

IMF forecast Iran full-year inflation around 69% - highest since 1979. GDP can drop 6.1% in 2026.