Iran inflation rate rises to 50.6 percent: statistics centre

AFP
By AFP March 29, 2026 07:55 (EAT)
Iran inflation rate rises to 50.6 percent: statistics centre

This handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. Photo by HANDOUT / ROYAL THAI NAVY / AFP

Vocalize Pre-Player Loader

Audio By Vocalize

Iran's annual inflation rate rose to 50.6 percent by mid-March, up three percentage points from the previous month, the country's official statistics centre said on Sunday.

"The inflation rate for the twelve months ending in Esfand (from February 20 to March 20) reached 50.6 percent,"the centre said in a statement carried by the official IRNA news agency.

The rate had stood at 47.5 percent in the previous month, covering the period from January 21 to February 19.

The rise in prices comes with Iran at war with the United States and Israel since February 28, when strikes that killed the country's supreme leader triggered a conflict that has since spread across the Middle East.

On March 20, Iran marked the start of the Nowruz holidays, the Persian New Year.

Join the Discussion

Share your perspective with the Citizen Digital community.

Moderation applies

Sign In to Publish

No comments yet

This discussion is waiting for your voice. Be the first to share your thoughts!