🔺 Tehran’s “Zero Inflation” plan fails as prices of food continue to rise

▪ Fresh reports from Iran’s food market indicate increases in the prices of some legumes, sugar, and dairy products.

▪ A field review by ISNA also shows that the Tehran municipality’s promise to hold the prices of essential goods for six months has not been carried out for five items.

▪ ISNA reported that the price of one kilogram of dried chickpeas (chit peas) in these outlets has risen from 275,000 to 400,000 tomans; an increase of about 45 percent. Lentils have increased from 195,000 to 220,000 tomans, chickpeas from 215,000 to 240,000 tomans, and red beans from 315,000 to 320,000 tomans.

▪ Bulk sugar has also risen by about 15 percent, from 108,500 tomans to 125,000 tomans.