According to the latest figures released by Iran's Statistical Center, the country's inflation rate reached a staggering 34.5% over the past 12 months, ending on June 21, 2025. This marks a 0.6% increase compared to the previous month, indicating a continued upward trend in the cost of living for Iranian citizens. The rising inflation rate has been a cause for concern among economists and policymakers, as it erodes the purchasing power of households and poses challenges for businesses operating in the country. The surge in inflation can be attributed to various factors, including the ongoing economic sanctions imposed on Iran, fluctuations in global commodity prices, and domestic economic policies. The Iranian government has implemented measures to curb inflation, such as tightening monetary policies and introducing subsidies for essential goods. However, these efforts have yet to yield significant results, and the high inflation rate continues to strain the economy. Experts warn that if left unchecked, the soaring inflation could lead to further economic instability, hampering investment and growth prospects. Households, particularly those with lower incomes, are likely to bear the brunt of the rising costs, potentially exacerbating poverty and inequality levels in the country. Businesses may also face challenges in maintaining profitability and competitiveness due to increased operational costs. The Iranian government faces the daunting task of striking a balance between implementing measures to control inflation while also promoting economic growth and addressing the needs of its citizens. Effective policy interventions, coupled with structural reforms and international cooperation, may be necessary to tackle the complex issue of high inflation and restore economic stability in the long run.