
Inflation has driven prices up far beyond the purchasing power of consumers.
Prices for basic foodstuffs in Iran jumped more than 60% in October compared to the same period last year, indicating the relentless pace of inflation.
According to sources cited by the Iran International newspaper, meat consumption dropped by 40% in the first 10 months of the year. The price of chicken meat rose 42% to $1.30 per kilo. This is a good price compared to other countries, but one should take into account the drop in the income of Iranians. A worker earns about $100 a month, while an office worker earns $150. If a worker has to feed a family of three, buying poultry becomes difficult, and buying $4-$5 worth of red meat becomes a luxury. Reports say that meat consumption has fallen by about 40% this year as the price has risen by an average of 60%. Red meat production has increased over the past year, but producers are asking officials in Tehran to increase subsidies to farmers and processors to keep prices under control.