Bamdad Institute of Economic Studies
Coverage of Bamdad Institute of Economic Studies in the Nexus archive.
- Iran’s inflation hits World War II levels, deepening economic pain
Iran's year-on-year inflation reached 77.2% in May 2026, the highest level since World War II, driven by war-related uncertainty, U.S. naval blockades, and economic mismanagement. The rial's value has plummeted to over 1.7 million to $1, with daily necessities seeing 113.8% inflation.
- Iran’s inflation hits World War II levels, deepening economic pain
Iran's year-on-year inflation reached 77.2% in May, the highest level since World War II, driven by the war with Israel, U.S. economic pressure, and domestic mismanagement. The Central Bank acknowledged the crisis, with experts warning of potential protests over rising living costs.
- Iran's inflation hits World War II levels, deepening economic pain
Iran's year-on-year inflation reached 77.2% in May, the highest level since World War II, driven by war-related uncertainty, economic mismanagement, and a U.S. naval blockade. The rial's value has plummeted, and rising prices for essential goods risk sparking new protests, mirroring past demonstrations linked to economic hardship.