Iran economy news, events & figures
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Iran says war has cost two million jobs as Hormuz disruption bites
Iran’s deputy labor minister says two million jobs have been lost as war damage, port disruption and an internet blackout hit factories and services.
IMF projects Iran’s economy will shrink 6.1% in 2026 as inflation soars and rial slides
Iran’s economy is sliding fast, with the IMF forecasting a 6.1% contraction in 2026 and near-69% inflation as war damage, trade blockades and sanctions crush demand, exports and the rial.