Iran Inflation Rate Rises to 50.6 Percent

 A shopkeeper arranges items at his shop around the traditional grand bazaar of Tehran, Iran, Sunday, March 29, 2026. (AP)
A shopkeeper arranges items at his shop around the traditional grand bazaar of Tehran, Iran, Sunday, March 29, 2026. (AP)
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Iran Inflation Rate Rises to 50.6 Percent

 A shopkeeper arranges items at his shop around the traditional grand bazaar of Tehran, Iran, Sunday, March 29, 2026. (AP)
A shopkeeper arranges items at his shop around the traditional grand bazaar of Tehran, Iran, Sunday, March 29, 2026. (AP)

Iran's annual inflation rate rose to 50.6 percent by mid-March, up three percentage points from the previous month, the country's official statistics center said on Sunday.

"The inflation rate for the twelve months ending in Esfand (from February 20 to March 20) reached 50.6 percent," the center said in a statement carried by the official IRNA news agency.

The rate had stood at 47.5 percent in the previous month, covering the period from January 21 to February 19.

The rise in prices comes with Iran at war with the United States and Israel since February 28, when strikes that killed the country's supreme leader triggered a conflict that has since spread across the Middle East.

On March 20, Iran marked the start of the Nowruz holidays, the Persian New Year.