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Iran’s inflation crisis: families buckle under soaring pricesEconomy
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EconomyIran’s inflation crisis: families buckle under soaring prices

Behind Tehran’s bustling traditional bazaar, Iranians are struggling with soaring prices and a weakening currency. Point-to-point inflation has risen above 87%, while food and beverage prices are up about 130%; staples including cooking oil and rice have climbed by hundreds of percent. Families take on multiple jobs, artists cut back on supplies and drivers fear fuel price hikes amid tensions with the US.

AAl Jazeera English 2026-08-19 19:36