Iran: Galloping inflation "shrinks" the base of many inhabitants
In a Tehran grocery store, June 5, 2021 (illustrative image).
AFP - STR
Text by: RFI Follow
2 min
In Iran, inflation still exceeds 50%.
An even higher figure for everyday consumer products which increased by more than 70% at least.
A situation which "shrinks" the base of many Iranians.
Advertising
Read more
With our correspondent in Tehran,
Siavosh Ghazi
A sign of the impoverishment of many Iranians, the consumption of the fruits has fallen by 50% as many Iranians do not have enough money to buy the fruits which are increasingly expensive despite the abundance in the market. For Mohammad, a young hairdresser from a town in northern Iran who came to Tehran to work ten years ago, the drop in fruit consumption is strongly felt: “
The high cost of life is very long. We are all related. Life does not turn. Our income does not match the expenses. Our revenues are in rials, but our expenses are in dollars. It shows on our plates. It has a lot of effect. There are at least 50-60% drops in our purchases.
"
"
It has become difficult
"
Despite repeated claims, the government is struggling to control price increases. Officially, inflation over the last twelve months has exceeded 45% while inflation for consumer staples has reached 60%. But for some products, the increase was even stronger as stated Najib, a young worker twenty years, who came to shop in a municipal market where prices are lower, however: "
The fruit greatly increased compared to before. More than twice at least. This is also the case for all dairy products. When you go shopping, everything has become expensive, cheese has increased by 50%, milk too, yogurt has tripled. It has become difficult, very, very difficult.
"
The middle classes are getting poorer
Iranian Vice President Solat Mortazavi himself has claimed that ordinary people find it difficult to buy dairy products, water and chicken meat.
Experts say inflation could rise further and reach its highest level in forty years.
We are witnessing an impoverishment of the middle classes who no longer have the means to make ends meet.
Many businesses are also affected, such as catering.
Indeed, according to their union, 30% of restaurants have gone out of business in the past two months.
►
Also listen: Iran: thousands of Iranians are leaving the country for economic reasons
Newsletter
Receive all international news directly in your mailbox
I subscribe
Follow all the international news by downloading the RFI application
google-play-badge_FR
Iran
Food
Trade and distribution
Social issues
Currencies
Economy