{"id":1519,"date":"2026-06-16T08:37:18","date_gmt":"2026-06-16T08:37:18","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1519"},"modified":"2026-06-16T08:37:18","modified_gmt":"2026-06-16T08:37:18","slug":"iran-emerges-from-war-with-its-economy-in-free-fall-and-inflation-on-some-food-items-above-400-if-the-regime-doesnt-fix-it-there-will-be-trouble","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1519","title":{"rendered":"Iran emerges from war with its economy in free fall and inflation on some food items above 400%. If the regime doesn\u2019t fix it, \u2018there will be trouble\u2019"},"content":{"rendered":"<div>\n<p>Iran\u2019s economy was already in shambles before the war began more than three months ago, with high inflation and a currency crash spurring mass protests in late December.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1517\">The Southeast Asia 500 has a new engine: Vietnam<\/a><\/p>\n<p>But the war has only made conditions worse. Unemployment and prices have soared, including for basic food items. The Iranian government\u2019s own data showed that the price of cooking oil is up 430% compared with a year ago, with eggs up 345%, rice 287%, and milk 139%.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>\u201cWe have all become poor,\u201d a resident of Tehran told Radio Free Europe\u2019s Radio Farda earlier this month. \u201cThose of us who were once middle-class, or a little above it, are now financially destitute.\u201d<\/p>\n<p>He added that he has sold his furniture, appliances, carpets, and other household items to survive. On top of that, he\u2019s unemployed and has resorted to making sandwiches to sell on the subway. Meanwhile, his phone bill and electricity bill have jumped fivefold.<\/p>\n<p>Iran has estimated that the war inflicted\u00a0$270 billion worth of damage, nearly equal to its GDP. The International Monetary Fund expects the economy to contract by 6.1% this year, and the United Nations warned 4.1 million more Iranians could drop below the international poverty line.<\/p>\n<p>But the regime has also mismanaged the economy for decades and worsened its wartime crisis with policies like an internet blackout that put more people out of work.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>In addition, the U.S. naval blockade cut off oil revenue for Iran, putting pressure on its foreign exchange reserves, which Capital Economics estimated in April were only enough for three months\u2019 worth of imports at prewar levels.<\/p>\n<p>Iran-based economist Javad Rahimpour told Radio Farda that people are draining their savings and economic discontent is very high.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1515\">\u2018All of this sould prompt reflection\u2019: Sheinbaum says World Cup tickets are too expensive for most Mexicans<\/a><\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>\u201cThe conditions for protests may not currently exist,\u201d he added. \u201cBut that should not lead us to think there is some kind of convergence between the state and the people.\u201d<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>However, an Iranian government employee who has attended pro-regime rallies expressed more impatience with the country\u2019s leadership.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>He told the <em>New York Times<\/em> last week that he exhausts all his pay by the middle of the month and must buy groceries on credit\u2014only to find that prices double when it\u2019s time to settle the bill.<\/p>\n<p>\u201cEverybody is angry over the economy, and if the government doesn\u2019t fix things, there will be trouble,\u201d he said.<\/p>\n<p>Former U.S. diplomat Dennis Ross, who has extensive experience in the Middle East, pointed out that Iran\u2019s leaders must face up to their failures to provide for the people without being able to use the war as an excuse.<\/p>\n<p>But the regime will attempt to rebuild its military and defense industrial base, diverting resources away from a civilian economy that\u2019s already weighed down by water and electricity shortages, he wrote in a <em>Washington Post <\/em>op-ed last week.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>\u201cBut even with aid, Tehran\u2019s ability to manage its domestic woes will remain limited, and the internal pressures will build,\u201d Ross predicted. \u201cThey may not lead to the collapse of the regime, but they could produce what Khamenei greatly feared: the emergence of an Iranian Gorbachev\u2014a leader who wants to prioritize domestic development, reach out to the public, and end confrontation with the outside world as organizing principles.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1513\">A ChatGPT prompt almost killed Ryan Serhant\u2019s $50 million NYC penthouse deal. Here\u2019s how he saved it<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBut even with aid, Tehran\u2019s ability to manage its domestic woes will remain limited, and the internal pressures will build.\u201d<\/p>\n","protected":false},"author":1,"featured_media":1518,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[103],"tags":[],"class_list":["post-1519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iran"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iran emerges from war with its economy in free fall and inflation on some food items above 400%. If the regime doesn\u2019t fix it, \u2018there will be trouble\u2019 - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=1519\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran emerges from war with its economy in free fall and inflation on some food items above 400%. If the regime doesn\u2019t fix it, \u2018there will be trouble\u2019 - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"\u201cBut even with aid, Tehran\u2019s ability to manage its domestic woes will remain limited, and the internal pressures will build.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=1519\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T08:37:18+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1519#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1519\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"Iran emerges from war with its economy in free fall and inflation on some food items above 400%. 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