Al Jazeera: Iran's annual inflation rate reached 89% in August, with food inflation exceeding 127%; the rial hit a new low against the US dollar last week.
Al Jazeera reports that the Iranian economy faces severe challenges due to US wars, sanctions, and a naval blockade. Data from the Statistical Center of Iran shows that as of the end of August, Iran's annual inflation rate reached 89%, with food inflation exceeding 127%. The Iranian rial fell to a record low of 1,370,000 rials per US dollar last week, slightly improving to 1,310,000 rials per US dollar on Sunday. Last week's gasoline price hike further exacerbated inflationary pressures, making life difficult for many Iranian families. Leaders, including President Pezeshkian, have called for an end to the "neither war nor peace" status quo.
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Source:半岛电视台 · Source Link
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