Protests erupt in Iran amidst currency collapse and high inflation
Iranian traders and shopkeepers staged a second day of protests on December 29 after the country’s currency plummeted to a new record low against the U.S. dollar. The overall inflation rate in December rose to 42.2%, but foodstuff prices rose 72% and health and medical items were up 50% compared to the same period in 2024. FRANCE 24's Philip Turle breaks it down for us.
Iranian traders and shopkeepers staged a second day of protests on December 29 after the country’s currency plummeted to a new record low against the U.S. dollar. The overall inflation rate in December rose to 42.2%, but foodstuff prices rose 72% and health and medical items were up 50% compared to the same period in 2024. FRANCE 24's Philip Turle breaks it down for us.
This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.
