Domestic Economy
0

Inflation, Robbery March Hand in Hand

Inflation, Robbery March Hand in Hand
Inflation, Robbery March Hand in Hand

The rate of robbery in Iran has more than quadrupled in the past five years. 
According to the Statistical Center of Iran, citing the judiciary, the number of robberies increased from 343,425 in the year ending March 2017 to 1.4 million last fiscal year (ended March 20, 2022). 
The rise in robbery in Iran seems to have a significant link with the growth in inflation; the annual inflation has increased 4.4-fold in the five-year period under review, the Persian daily Shargh reported. 
Iran’s Prisons Organization says 68% of people in prisons have committed offences classified as drugs and robbery; the Greater Tehran Police had previously said half of Iran’s thieves were first-time robbers.
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com