CNBC reports Iran's inflation rate has surged to 89% and food prices have risen 164%. Mehrdad Sepahvand, a former economic adviser to Iran's central bank, said households—particularly low-income families and young people—are under severe pressure from soaring inflation, high unemployment and limited job opportunities.

2026-08-20

CNBC reports Iran's inflation rate has surged to 89% and food prices have risen 164%. Mehrdad Sepahvand, a former economic adviser to Iran's central bank, said households—particularly low-income families and young people—are under severe pressure from soaring inflation, high unemployment and limited job opportunities.