Iran inflation rises to 88% in June

Iran's inflation rate accelerated to 88.6% on an annual basis in June, driven by the effects of war and sanctions. Food prices saw significant increases, with bread and grains rising by 138.8% and meats and poultry by 178.2%. Official figures also showed inflation climbing from 77.2% in May to a record high, as the rial's value continued to decline and citizens' purchasing power eroded. This has led to widespread protests against the economic situation.

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