10 Hrs
Source:
اقتصاد
Iran: Plenty, high prices
Families in Tehran are facing a sharp decline in purchasing power as a result of inflation and rising prices, while restrictions imposed by the naval blockade are disrupting clothing imports from East Asia. As a result, many have cut back on purchases or gone without clothing, travel, and nonessential goods. Although goods remain available in markets, meat, poultry, fish, and some other products have become unaffordable for broad segments of the population. Sales have also slowed in markets for fabrics, carpets, appliances, and phones, according to shopkeepers. The authorities had pledged to stabilize the prices of 12 food items for six months, but some prices rose just a month after the initiative was launched. President Masoud Pezeshkian called on citizens to work together to weather the pressures, while researcher Mohammad Mehdi Maleki stressed that public participation complements the government’s efforts—and that the state is responsible for managing the economy, protecting the most vulnerable, and regulating the market.
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