How will the Iranian economy and the livelihoods of Iranians fare in the coming years? Not a favorable one, given the current governing approaches and the dismal economic indicators. Note that over the past 50 years, inflation has been a fixture in Iran’s economy, an uninvited guest of Iranian families.
These were stated by Vahid Shaqaqi-Shahri, an economist, in an article for the Persian daily Ta’adol. A translation of the text follows:
Statistics show that long-term inflation in Iran has been 20%. It is perhaps among very few countries that has experienced double-digit inflation for years.
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