Dossier
Mohsen Jalilvand
Coverage of Mohsen Jalilvand 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 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.