Can Iran’s middle class survive the post war economy?
8 Articles
8 Articles
The war has deepened Iran's economic crisis, hitting household budgets, jeopardizing business operations and raising fears that millions of middle-income families are sliding into poverty.
According to ifo Institut, poor households are more affected by high inflation rates as a result of the Iran war. Since then, they have an average 2.87 percent less budget.
Iran’s Economic Crisis Deepens as Families Turn to Debt and Businesses Near Bankruptcy
From buying food and medicine in installments to the collapse of small businesses, mounting inflation and shrinking purchasing power are pushing both households and merchants toward financial ruin. Iran’s deepening economic crisis is increasingly visible in two interconnected developments: households that can no longer afford everyday necessities without borrowing, and small businesses that are struggling to survive as consumers cut spending. Th…
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