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Iran’s astonishing value hike


On the eve of Iran’s new yr, Nowruz, regime media reported on the relentless rise in costs, saying that inflation had brought about folks to prioritize shopping for necessities and meals over shopping for new garments. This created a discouraging surroundings for sellers.

“Ramadan has arrived and the costs of iftar and sahoor provides have elevated a number of instances in comparison with the earlier Ramadan,” state newspaper Etemad reported.

Meanwhile, on Wednesday, March 13, on the eve of Iranian New Year (March 21), Rasoul Shadjari, head of the Tehran Shoe Manufacturing Union, introduced that demand within the shoe market will lower by 25% and costs will improve by 30%. . New Year’s Eve in Tehran.

On the identical day, the administration’s Etelat newspaper additionally reported from Qazvin City that, “Normally, the pastry gross sales market has been lively since mid-March, however this yr, because of the excessive inflation price, demand for pastries has decreased considerably.” . Orders for pastries he lowered from 40 kilograms per day to 5-10 kilograms. ”

According to home media, this yr the preparation of things for the Haftsheen desk (the custom of mixing seven symbolic objects whose names start with S) “required greater than 5 million rials (roughly $9)”, together with There will probably be extra prices. A household must spend “16 million rials (roughly $30)” to arrange natural rice with fish for the New Year’s dinner.

The minimal wage for employees is roughly $135.

These studies got here after the Tehran City Council introduced the day earlier than that Tehran metro entrance charges would improve by 16%, categorical buses by 21%, and common buses by 30% within the new yr in comparison with 2023. belongs to.

Mehul News Agency additionally reported from Semnan Province that statistics launched by the province’s Surveillance and Inspection Department present that the costs of a number of the folks’s important items have elevated. For instance, the worth of dates modified from 1.1 million rials (roughly $2) per kilogram on February twenty first to 1.35 million rials (roughly $230) per kilogram on March fifth, and the worth of white kidney beans modified from 1.1 million rials (roughly $230) per kilogram on February twenty first. The value has been modified to 850,000 rials (roughly $1.4) per kilogram. From February fifth to March fifth, the restrict is 10.5 million rials (roughly $176).

However, many objects in shops and on retailer cabinets will not be what authorities say they’re. For instance, based on the Revolutionary Guards-linked Mehr information company, Semnan province’s surveillance and inspection division introduced that veal (combined) must be offered for five million rials (roughly $8.4) per kilogram. However, the worth at a butcher store is greater than 5.6 million rials (about $950).

In response to this case, the regime’s newspaper Etemad wrote on Thursday, March thirteenth, “Inflation, unemployment, and stress are sufficiently destroying folks’s nerves.Inflation, unemployment, and stress are sufficiently destroying folks’s nerves. He revealed an article titled ” Don’t trample on folks’s minds and spirits anymore,” he stated, criticizing the social pressures positioned on folks.



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