Iran’s inflation clash: central bank defends stability as economists warn of hyperinflation

Iran’s central bank governor Abdolnasser Hemmati says hyperinflation has not happened and the economy remains under control, but economist Farshad Momeni argues hyperinflation has already occurred. Official monthly inflation in Tir is 3.1% with triple‑digit inflation reported in poorer regions, illustrating a dispute over terminology rather than mere numbers. The debate underscores a widening gap between policy rhetoric and living standards, as purchasing power wanes and social stress grows. The government relies on measures like a raised state food coupon and tight exchange controls amid sanctions and wartime disruptions, while analysts warn that sustained inflation and weak growth threaten contracts, trust, and everyday life even as officials stress that essential goods stay on shelves.