Iran’s falling currency and soaring food prices deepen household strain

Iranians are facing sharper economic pressure as food prices climb, unemployment rises and the rial weakens further against the U.S. dollar.

State data cited in the source material showed cooking oil up about 400% in the past year, while meat costs up to $15 per kilogram. Annual inflation is above 80%, and unemployment reached 9.1% by early June, a four-year high.

The rial has fallen to nearly 1.88 million to the dollar, compared with 1.65 million before the conflict began. Workers described cutting nonessential spending, taking multiple jobs and struggling to cover food, rent and medical costs.

Read the full story at thenationalnews.com.