Iran inflation "alarming" with basic food items a luxury for many, Iranian media says

Iran inflation "alarming" with basic food items a luxury for many, Iranian media says

Inflation rates in Iran have reached “alarming levels,” with many working-class families in the country unable to afford basic food items, according to state-affiliated Iranian media. Annual inflation in the country — measured over the 12-month period leading up to July — stands at 66%, according to the Iranian Labour News Agency (ILNA). “Ordinary people – particularly workers and retirees whose incomes are around the minimum wage set by the Su…

Iran’s Cost-of-Living Crisis Deepens as Workers Struggle to Afford Basic Necessities

A widening gap between wages and living costs is pushing millions of Iranian workers and retirees deeper into poverty, debt, and deprivation. Iran’s economic crisis is pushing the country’s working families into an unprecedented struggle to meet even the most basic costs of daily life. The gap between wages and living expenses has become so severe that a full month of work can no longer cover even half of the minimum cost of supporting a family.…