Uncontrolled inflation continues in Iran; sugar prices rise by 40%

Bahman Danaei, secretary of the Sugar and Sugar Factories Association in Iran, announced a 40% increase in sugar prices in the country. One-kilogram packaged sugar has also reached consumers with a 31% price hike. He cited reasons such as “rising production costs, increased wages, and transportation expenses” for the surge in sugar prices. In recent … Continue reading Uncontrolled inflation continues in Iran; sugar prices rise by 40%