Iran’s inflation hits World War II levels, deepening economic pain (opens in new tab)

People carry packages at Tehran's historic Grand Bazaar, Iran, Monday, June 1, 2026. (AP Photo/Vahid Salemi)2026-06-02T11:25:57Z DUBAI, United Arab Emirates (AP) — Year-on-year inflation in restarting.A report Monday by Iran’s Central Bank represents the first official acknowledgment of what Iranians shopping, paying for a taxi or visiting a medical clinic already know: by the war and uncertainty around it resuming.Meanwhile, longtime problems of economic mismanagement and government corrupti...