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'Going bankrupt': Iran shopkeepers struggle as war dims demand

'Going bankrupt': Iran shopkeepers struggle as war dims demand
Key Points

Iran's economy has been battered by years of sanctions, but the conflict that began in February with US-Israeli attacks and an American blockade of the country's ports has put extra strain on daily life. Rising inflation, nearly 90 percent year-on-year in September according to official figures, and erratic currency exchange fluctuations have driven up the cost of everyday items. Food prices have more than doubled since last year.

Iran's economy has been battered by years of sanctions, but the conflict that began in February with US-Israeli attacks and an American blockade of the country's ports has put extra strain on daily life. Rising inflation, nearly 90 percent year-on-year in September according to official figures, and erratic currency exchange fluctuations have driven up the cost of everyday items. Food prices have more than doubled since last year. Keywords for this article [Image text:] TEHBAN,IRAN FRANCE
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Originally published by France 24 Read original →