June 01, 2019 17:21

SCI Scans Latest on Iran's Food, Beverages Inflation

Onions, tomato paste and potatoes saw the highest year-on-year inflation, while prices of sugar and rice registered the highest hike on a month-on-month basis

The retail price of onions during the second Iranian month (ended May 21) increased by 306% compared with the same period of last year.
A kilogram of onions was sold at 73,802 rials (52 cents) to register the highest year-on-year price rise for a food item, the Statistical Center of Iran reported.
The second and third biggest year-on-year price hikes among food items were recorded for tomato paste with 246.6% and potatoes with 241.3%. The biggest month-on-month price rise was recorded for sugar-cubes with 25.6%.

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Rate of Inflation in Iran