Iran

Meat consumption in Iran drops 40%

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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.

 

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