Official Inflation Data Reveals 48.6% in October

Iran's Central Bank belatedly releases October 2025 inflation data showing consumer prices rose 48.6% year-over-year, the highest reading since the 2018-19 sanctions crisis. Independent economists estimate the real figure is closer to 60%, as the official basket underweights food and energy. The delayed December reading is projected at 42.2%, a slight dip attributed to seasonal base effects rather than genuine improvement.