Iran's economy is facing a severe crisis due to ongoing conflicts with Israel and the US, causing inflation to skyrocket to 88.6% in June. According to the Statistical Center of Iran, food prices have more than doubled, with meat prices rising by 178.2% and dairy by 151.9%. The local currency, the Rial, has significantly devalued under international sanctions, leading to a drastic decline in purchasing power for citizens.
https://sambad.in/business/iran-inflation-rises-to-88-6-percent-amid-war-economic-crisis-food-prices-surge-12115071
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