Iran inflation nears 89% as war strains economy

Iran inflation nears 89% as war strains economy Iran's inflation rate accelerated sharply in June, reaching 88. 6 percent year-on-year, according to the country's Statistics Centre, which linked the surge to the economic impact of the recent war. The official agency said food prices more than doubled during the Persian month of Khordad, which runs from 22 May to 21 June, compared with the same period last year.