WorldPosted at: Jul 11 2026 11:42PM


Iran’s finances go down further as soaring inflation further batters its already weakened economy

Tehran, Jul 11 (UNI) Iran's already fragile economic outlook has been further weakened by the war, with the country facing a sharp contraction, surging inflation and growing pressure on household incomes.
According to the International Monetary Fund (IMF), Iran's economy is expected to shrink by 6.1% in 2026 after an estimated contraction of 1.5% last year.
Consumer-price inflation, already above 50% in 2025, is forecast to accelerate to an average of 68.9%, reports Iran International.
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