'Red meat is a dream': Iran inflation hits highest level since World War II

Author: Resul Al-HaeiPublished on: June 5, 2026Country: Iran
Business & EconomyWorld / International
'Red meat is a dream': Iran inflation hits highest level since World War II

Iran's inflation has surged to its highest level in 80 years, with staple prices such as rice and cooking oil tripling over the past year. In Tehran, retirees and fixed-income earners are now living below the poverty line for the first time in decades. Households are making multiple weekly trips to the market to track price changes, and many struggle to cover basic expenses with their pensions.

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