With less than three months to go until the incumbent government remains in power, the prices of essential goods are set to rise once again.
Vegetable oil and sugar factories have secured permission from the government to once again raise the price of their products. That’s contrary to what Government Spokesman Ali Rabiei said recently: Any increase in consumer prices is banned in the first quarter of the current Iranian year (March 21-June 21).
According to a report by the Persian-language daily Etemad, the prices of vegetable oils have increased by 35% while those of hydrogenated oils have risen by 30% since May 16.
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