Reports of staggering inflation in Iran, the cost of acquiring seven items half a million

Reports of staggering inflation in Iran indicate the cost of purchasing essential items has reached half a million tomans.

As the Iranian New Year approaches, domestic media in Iran report on the increase in the prices of goods and write that the inflation has led people to prioritize purchasing essential items and food over buying new clothes, causing discouragement among sellers.

The Etemad newspaper has reported that in the month of Ramadan, prices of consumer goods for Iftar and Suhoor have increased several times compared to the previous Ramadan.

Meanwhile, on Thursday, March 14, Rasoul Shajari, the head of the Tehran Shoemakers Union, announced a 25% decrease in demand and a 30% increase in prices at the night market for shoes in Tehran during the Eid holiday.

These news come out while a day earlier, the Tehran City Council announced that the metro fare in Tehran will increase by 16%, the express bus by 21%, and the regular bus by 30% compared to the year 2023.