Iran's Inflation Rate Hits Record High
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Insights by Echo AI
The annual inflation rate in Iran has reached an unprecedented 68.4%, according to the Central Bank. This is the highest level since the end of World War II. The monthly inflation rate was around 84%, with goods inflation over 118%. The rising inflation comes amidst a weakening national currency, with the dollar reaching a record high of 240,000 tomans in the free market.
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