'People are getting poorer': How Iran's struggling economy is changing how families live
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Iran's struggling economy is significantly impacting how families live, with many facing increased financial hardship. Over the past year, food prices have doubled, and the cost of basic necessities has risen by an average of 60%. This inflation, a monthly occurrence, has made affording basic necessities increasingly difficult for Iranians across the country, including in major cities like Tehran and Isfahan. Many are cutting back on expenses like eating out and considering selling assets to cover rent and loans. The economic hardship, exacerbated by internet blackouts affecting income opportunities for women, fueled recent nationwide protests against the government's policies.
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AI-ExtractedAnnual consumption of beef and lamb per household has declined from 64kg in 2004/05 to 32kg in 2024/25.
The cost of an average family food basket is currently eight times what it was five years ago.
Food prices have doubled in Iran in the past 12 months.
Our sales used to be 300 million rials (around $185 on the open market) per month. Now it's not even 30 million rials.
Prices go up easily by 10% a month.
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