Iran's annual inflation for goods reached 86.1% in July, up from 34.9% a year earlier, while services inflation eased to 39%, according to the Iranian Central Bank. The widening gap between goods and services prices highlights the disproportionate burden on households for essential commodities.
The Iranian Central Bank released new data Saturday evening showing annual goods inflation at 86.1% in July, a sharp acceleration from 34.9% in July 2025. Services inflation, by contrast, declined slightly to 39% from 40.2% a year earlier, creating a 47.1 percentage point gap between the two indices.
The data aligns with The Zioneer's previous coverage of Iran's deepening economic crisis. Earlier reports from the Statistical Center of Iran showed overall annual inflation at 87.9% in July and 88.6% in June, with food prices surging by over 134%. The new breakdown indicates that while services inflation has moderated, goods prices — particularly food, beverages, and tobacco — continue to rise at a breakneck pace.
The figures underscore the intensifying cost-of-living crisis in Iran, where the rial has lost significant value amid international sanctions and domestic mismanagement. The gap between goods and services inflation suggests that households are facing a disproportionate squeeze on essentials, while some service sectors may be experiencing weaker demand.
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