Iran stats agency says year-on-year inflation hits 88.6 percent
Inflation in Iran rose sharply in June, driven by the Middle East war, reaching a peak of 88.6 percent year-on-year, according to official figures released on June 27.
AI Translated Summary:
Iran's inflation rate surged to 88.6 percent year-on-year, significantly influenced by the ongoing Middle East conflict. This dramatic increase highlights the economic challenges facing the region amidst geopolitical tensions.
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