Iran’s inflation rate increases to 10%

According to Mikrofonnews Agency (MHA), after Iran announced the annual inflation rate has increased to 10 percent in June 2018, a high circulated Iranian daily “Jahan –e- Sanaat” published an article under the title of “Iran’s economy is at the brink of collapse”.

The latest report by Iran’s Statistic Center shows an increase the rate of annual inflation, something that affects the families with low income the most. This is the fourth time in the past one year that Iran’s inflation rate reach a two-digit number.