Iran

Meat consumption in Iran drops 40%

Products

Inflation has increased prices far beyond consumers' purchase power.

Posted on Dec 15 ,11:07

Meat consumption in Iran drops 40%

Prices for essential food items jumped more than 60% in Iran in October compared with the same period last year, showing a relentless pace in inflation. During the first 10 months of the year, meat consumption has declined by 40%, according to sources quoted by the Iran International newspaper. The price of chicken meat increased by 42%, reaching $1.30 per kilogram. This is a good price compared with other countries, but the falling incomes of Iranians should be considered. A blue-collar worker earns around $100 a month and an office worker $150. If the worker has to feed a family of three, buying poultry becomes difficult and buying red meat at $4-5 becomes a luxury. Reports say that meat consumption has fallen by around 40% this year as the price rose an average of 60%. Red meat production has increased for the last year but producers are asking officials in Tehran to increase subsidies provided for farmers and processors in order to keep prices under control.

 

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

BRAZIL

Animal protein exporters project US$57 million in revenue after FHA in Singapore

According to estimates gathered from participating companies, the contacts and negotiations carri...


Read more Read more
PHILIPPINES

The Philippines reopen markets for German pork

The decision followed years of extensive negotiations by the German Federal Ministry of Food...


Read more Read more
BRAZIL

Brazilian Beef strengthens its agenda in China with participation in SIAL Shanghai 2026

The Brazilian Beef project, an initiative of the Brazilian Association of Meat Exporting Ind...


Read more Read more
Websolutions by Angular Software and SpiderClass