Iran’s double-digit inflation woes worsen | beyondbrics

Iran’s double-digit inflation woes worsen | beyondbrics:

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Iranian shoppers are getting used to constantly rising prices, especially – and most worryingly – prices of basic commodities. Inflation over the past year has added to feelings of insecurity. Butter, for example, is increasingly scarce in Tehran and, where available, its price has doubled in the past few weeks, from 11,000 rials ($0.44) for 100 grammes to 22,000 rials.

“It is not only butter. It is almost all kinds of foodstuffs and everything else like shampoo, toothbrushes and clothes,” says Zohreh, a 45-year-old housewife. “Prices do not cease shocking me whenever I go shopping. You see prices are rising from yesterday to today and then tomorrow.”

Banafsheh, another housewife, said she bought a pair of shoes for her teenage daughter at 680,000 rials last year and bought the same pair at almost double the price this year."

'via Blog this'