TehranSpring economic output fell just 0.21% year-on-year despite war and blockade.
The strategy assumed imminent collapse, but Iran’s economy remains battered, not broken.
Market exchange-rate valuations overstate the damage, since constant-price output per person still exceeds 2018 levels.
Nearly 500,000 jobs vanished by June, and a household survey next month tests how much more households can absorb.
Sources: Responsible Statecraft