IranIran's Statistical Center: Year-on-Year Inflation Reached 88.6% in June

Iran’s Statistical Center: Year-on-Year Inflation Reached 88.6% in June

-

The Statistical Center of the Iranian regime announced that the year-on-year inflation rate in June reached 88.6%. The annual inflation rate for June was also reported at 62%, representing an increase of 4.3% compared with May.

Year-on-year inflation refers to the percentage change in the consumer price index compared with the same month of the previous year. Accordingly, in June 2026, households across the country spent an average of 88.6% more than they did in June 2025 to purchase the same basket of goods and services.

Iran’s Economic Growth Decline Accelerates

While the nationwide year-on-year inflation rate was reported at 88.6%, the Statistical Center said that year-on-year inflation in rural areas exceeded 108% in June.

For food, beverages, and tobacco products, the nationwide year-on-year inflation rate reached 134.6%.

Iran was involved in a 12-day war with Israel during the summer of last year and, in January 2026, experienced nationwide January protests and a 40-day war with the United States and Israel. These factors, along with severe international sanctions and widespread corruption within the country’s economic system, may be among the reasons for the country’s sharp economic slowdown.

In mid-June, a senior official from the Iranian regime’s Interior Ministry said that “60%” of Iran’s citizens could no longer endure additional economic pressure and were not “hopeful about improving conditions in the future.”

Latest news

Iran’s Regime Fabricates Cases Against Teachers and Their Resistance to Authoritarian Rule

The Iranian regime's campaign to suppress teachers has continued following the January 2026 protests. Through arrests, imprisonment, and harsh...

Iran’s Housing Crisis Pushes People Toward Informal Settlements and Homelessness

The state-run Rokna news website published remarks by Iraj Rahbar, head of the Tehran Association of Mass Home Builders,...

Gas Shortage Casts Shadow Over Iran as Billions Wasted Through Gas Flaring

Before the summer has even ended and while the consequences of repeated power outages continue to weigh heavily on...

Construction Material Prices in Iran Increase by 100%

Iraj Rahbar, head of the Tehran Mass Builders Association, said that following the U.S. and Israeli attacks on Iran,...

Volker Türk Expresses Deep Concern Over Increase in Executions in Iran

The increase in executions in Iran has once again drawn reactions from international organizations. The United Nations says the...

The Pressure of Growing Cost of Living on Iranian Families

The livelihood challenges facing the Iranian people have forced what is described as a "survival economy" upon society. According...

Must read

Iraqis don’t expect political impasse to be resolved by fall

Washington Post: Nearly five months after disputed parliamentary elections,...

Iran ready to meet EU ministers but stands by nuclear demand

AFP: Iran is ready to meet top European officials...

You might also likeRELATED
Recommended to you