Life in Iran TodayFood price hikes raise concerns in Iran

Food price hikes raise concerns in Iran

-

AP: Iranian newspapers warn that a new wave of price hikes could stir greater discontent less than two months before presidential elections. Monday’s reports include the influential conservative daily Kayhan, which often supports the policies of the ruling clerics. The Associated Press

TEHRAN, Iran (AP) — Iranian newspapers warn that a new wave of price hikes could stir greater discontent less than two months before presidential elections.

The press commentaries also suggest disputes within Iran’s ruling system over how to cope with an economy battered by international sanctions imposed because of Tehran’s controversial nuclear program.

Monday’s reports include the influential conservative daily Kayhan, which often supports the policies of the ruling clerics.

Prices of staples such as cooking oil, chicken and red meat have jumped up to 60 percent in recent days after authorities increased the special exchange rate for importers. Businesses now pay 24,500 rials for $1, nearly double from the 12,260 rials before.

Iranians will vote June 14 to elect President Mahmoud Ahmadinejad’s successor. There are concerns about possible unrest over Iran’s sinking economy.

Latest news

 Statistics show that New Year accidents’ deaths in Iran reached 585

Ahmad Shirani, the head of the Information and Traffic Control Center of the Iranian regime’s police, announced that the...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

Iranian Nurses Earn Twice Their Wages in Ride-Hailing Services

Reza Aryanpour, a member of the regime’s Majlis (parliament) Health and Treatment Commission, highlighted the growing trend of nurses...

Iran: Unprecedented Record of 152 Million Liters of Gasoline Consumption Per Day

On March 19, Iran set a new historical record in gasoline consumption with 152 million liters consumed in one...

Must read

80 Percent of Iran’s Population Living Below Poverty Line

Despite the Iranian government claiming a 4.4 percent growth...

After halt, South Korea resumes Iranian oil imports

Reuters: South Korea is set to resume Iranian oil...

You might also likeRELATED
Recommended to you