Iran’s Inflation Hits Worst Levels Since World War II

In a landmark and long-awaited official confirmation of Iran’s deepening economic turmoil, the Islamic Republic’s own Central Bank released a report on Monday, June 2, 2026, confirming that domestic inflation has climbed to levels unmatched since the end of World War II. This marks the first time a state-affiliated institution has publicly acknowledged the severity of the ongoing economic crisis, breaking a period of limited official transparency around the country’s collapsing financial conditions.