Inflation and poverty continue to rise across Iran under the mullahs’ destructive policies
Prices are once again rising steadily despite the Iranian regime’s assurances that they would stop them after removing the subsidies for basic goods in the name of so-called “economic surgery.” Surprisingly, the regime has asserted that it will lower the inflation rate in the upcoming month even though the number of people living below the poverty line is rising.
Producers claim that all economic incentives for production have been destroyed due to the decline in consumer purchasing power, the sharp rise in production costs, and the imposition of mandatory prices by the government, and they anticipate that the situation will only get worse.
Because no one can predict the prices of the goods in the upcoming months, producers advise Iranians to purchase their necessities as soon as possible because the country’s economy has become so unstable.
Some products have seen price increases of between 200 and 300 percent in recent months. This has occurred in the market for necessities as well as other areas, and the prices of almost all goods have increased repeatedly.
As the price of a box of 30 eggs approached 100 thousand rials, a video of the regime’s Minister of Agricultural Jihad, Javad Sadati Nejad, was republished and widely viewed on the internet, in which he stated that his government would deliver chicken at 20 thousand rials per kilo and a box of 30 eggs at 43 thousand rials to the Iranian people at their homes. The preferential currency for eggs was removed just two months after this promise, and its price abruptly rose to over 75,000 rials.
If we are to believe the statistics provided by the regime in, the 57-page report ‘Monitoring Poverty in 2019’, “The inflation rate during a year, while incomes are constant, repeatedly reduces the purchasing power of the household and causes the household to achieve less well-being with previous incomes,” the people of Iran are indeed in a dire situation.
The report went on to say, “Also, in the years when the inflation rate is higher than the nation’s long-term average rate, usually the incomes, especially the incomes of the low-income groups, do not grow according to inflation, and as a result, the low-income groups’ purchasing power and well-being decrease year by year.”
“In fact, citizens have paid 48 percent more for basic goods, durable goods, and services compared to the prior year,” it continued. “This group of citizens is now poorer than they were last year if their income is stable or does not rise in line with inflation.”
The report further stated that one of the primary causes of some households’ subsistence status is unemployment. In its conclusion, the report confirmed that approximately 5.26 million Iranians live below the poverty line.
But it doesn’t stop there. As per to a recent article published on July 17 by the state-run daily Bahar News, an increase in rental rates has serious consequences for city dwellers and the urban environment. One of these effects is co-rental housing. The number of these shared houses is rapidly increasing, and the demand for roommates to minimize costs has increased.
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Tags: Disinformation Campaign, Iran Economy, Iran human rights, Iran Nuclear, Iran Protests, Maryam Rajavi