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CNN Arabic
Inflation deepens Iran's poverty crisis
Iran is currently experiencing the highest inflation rates in its modern history, with the inflation rate reaching 100% for at least half of the population. Food prices have surged by between 300% and 400%. This is leading to increased poverty, with conflict expected to push the number of poor people up by 4.1 million, bringing the poverty rate to around 41%. Additionally, the labor market is shrinking, and the economic burdens are affecting different groups unevenly, with the deterioration of citizens' daily lives expected to continue in the coming months.
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