Trade
2.0
Iranian carpet exports slump as sanctions, FX volatility hit industry
Published 12 h ago1 sourceEvidence: Reported
Al Jazeera ARIR
Iran's inflation has surged to 89.8% with food prices up 120%, pushing households into a survival economy and prompting economists to warn of hyperinflation. The data indicates a severe economic deterioration, likely exacerbated by sanctions and currency depreciation, with potential for social unrest and further economic contraction.
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