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Iran's Misery Index Has Doubled – Statistical Center of Iran

Iran's Misery Index Has Doubled – Statistical Center of Iran

Iran's Misery Index, which measures total unemployment and inflation, rose to 39% last winter, while the figure was 19.4% in the winter of 2016, the Statistical Center of Iran said in its latest report on the economic situation in Iran.

According to the assessment, the unemployment rate reached 12.1% and inflation stood at 26.9% last winter.

Iran Purchasing Power Plummets as the Cost of Living Rises by 50%

Iran Purchasing Power Plummets as the Cost of Living Rises by 50%

Iran’s deeply troubled economy has seen rampant inflation and soaring prices affecting the goods that Iranians need most and leaving many unable to buy enough food to eat.

Iran’s Center for Statistics said that the average Iranian family’s cost of living has risen by 50% in this Persian calendar year alone and that wage increases are almost insignificant in comparison.

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