Business

Economic Growth Amidst Inflation

Updated 2026-06-03 14:50 UTC 1 source Neutral

Despite the Iran conflict, the Iranian economy grew faster in May. However, businesses are facing rising inflation and have implemented temporary hiring freezes to manage costs.

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MarketWatch
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
2026-06-03 14:36 UTC
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