Families slash meat, dairy and coffee as Tehran’s war‑hit economy drives food nationwide inflation to 134% in July (140% inflation in rural areas), with overall prices rising 60-88% year on year and households struggling to afford basics.
A 87.9% point-to-point rate — the change in prices in July against the same month a year earlier — meant the average household paid roughly 88% more for the same basket of goods and services it bought a year ago. Meanwhile, food prices remain the principal driver of overall inflation, even as annual food inflation was recorded in triple digits for a sixth consecutive month.
Multiple reports have suggested that the war ruined tens of millions of households in Iran. “Prices are up somewhere between 60 and 88% over the year, food has passed triple-digit inflation for the poorest households, and jobs – particularly full-time jobs and industrial work – are fewer,” one of the reports claimed.
Annual dairy consumption fell from around 130 kilograms per person in 2010 to just 40 kilograms today, Iran International reported, quoting Ali Ehsan Zafari, head of Iran’s Dairy Cooperatives Union, as saying on 9 August.
Fig.: Vectorportal