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First modification: 02/26/2026 - 16:18
Iranian year-on-year inflation shot up again to 47.5% year-on-year in January and food rose 105.5% in one year. The economic pressure coincides with the resumption of nuclear negotiations with the US, amid military threats and a strong deployment in the Middle East.
Iran is going through a new inflationary surge at a time of high geopolitical tension. The Statistical Center of that country reported that year-on-year inflation reached 47.5% in January, three percentage points more than the previous month, reversing the pause observed after months of volatility.
The data confirms the persistence of a price crisis that is hitting households hard. In April 2023, inflation had climbed to 55% year-on-year, and although a year later the rate fell to 30%, it accelerated again to 48% annually in October 2025. Now, the new jump reflects a sustained deterioration in purchasing power.
The impact is particularly severe on food and beverages, whose prices have increased 105.5% in the last year, more than double general inflation. This increase in prices has strained basic consumption and deepened social unrest.
The numbers, however, are not isolated and represent a key factor in the social unrest of the Persian nation. In fact, the economic crisis was the trigger for anti-government protests that extended between December 28 and January 11 of this year.
The state repression left, according to the official balance, 3,117 dead, but opposition organizations based in the United States raise the figure to more than 7,000 deaths and continue to verify more than 11,700 possible deaths, in addition to estimating around 53,000 arrests.
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Internal pressure and external threats
The economic deterioration coincides with the resumption in Geneva of a third round of indirect nuclear talks between Iran and the United States in which Tehran has asked for the withdrawal of Washington's economic sanctions that are strangling its economy to some extent.
The talks, however, are taking place in a context marked by the largest US military deployment in the Middle East since the invasion of Iraq in 2003, ordered by President Donald Trump, who has warned of a possible attack if an agreement is not reached.
Despite this, Iranian President Masoud Pezeshkian reiterated Tehran's opposition to the development of nuclear weapons and recalled the religious decree issued in the early 2000s by the supreme leader, Ayatollah Ali Khamenei, which prohibits this type of weaponry. “We will not have nuclear weapons at all,” he said before the start of the new round.
From the Iranian delegation, the spokesperson for the Ministry of Foreign Affairs, Esmaeil Baghaei, maintained that the talks focus exclusively on the nuclear program and the lifting of sanctions. “Tehran's position is clear,” he said.
With EFE and AFP
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