![[Iran] Ramadan exacerbates cost of living struggle](http://globalpayrollassociation.com/cdn/shop/articles/bigstock-Ramadan-Food-And-Drinks-Concep-412231471_1200x.jpg?v=1710818774)
In Iran, an increasing struggle for households to make ends meet has been exacerbated by the onset of Ramadan, which has turned a spotlight on the extent of the problem, INU reports.
The cost of living crisis pits a daily minimum wage of 250,000 tomans against expenses of 650,000 tomans for both Sahari and Iftar; the pre- and post-fast meals.
According to the Rouydad 24 website, the cost of Iftar or Sahari (breakfast) for a family of five during Ramadan is 400,000 tomans while the minimum estimated cost for an Iftar is 200,000 to 250,000 tomans.
The report emphasised the huge disparity at a time when the average daily income of a typical worker is approximately 250,000 tomans. In 2023, a full iftar meal for a family of five cost over 250,000 tomans.
In 2022, the minimum cost of preparing an Iftar table was reportedly around 150,000 tomans.
Rouydad 24 reportedly attributed prevailing economic trends and household conditions to the policies of the Raisi government, saying, “It now appears as though an era has passed since then, with the outcome of Raisi’s economic measures resembling nothing short of economic paralysis.”
Addressing the widening gap between wages and costs over the years, the report reiterates the drastic reduction in Iranian households’ food provisions.
Data from the Iranian Statistics Center show soaring inflation rates. In February 2024, annual inflation in the ‘red meat and poultry’ sector reached 93.3 per cent. In the red and white meat and related products sector, it was 90.7 per cent, leaving Iranians spending at least 90 per cent more on meat in January 2024 than the previous year.
In January 2024, public transportation costs leapt up 57.4 per cent compared to the same period in the previous year. Hotels and restaurant expenses jumped by 62.5 per cent.
Such statistics prove that inflation is one of Iran’s foremost economic challenges, with a significant impact on daily life and diminishing household food supplies.
Source: INU
(Quote via original reporting)
In Iran, an increasing struggle for households to make ends meet has been exacerbated by the onset of Ramadan, which has turned a spotlight on the extent of the problem, INU reports.
The cost of living crisis pits a daily minimum wage of 250,000 tomans against expenses of 650,000 tomans for both Sahari and Iftar; the pre- and post-fast meals.
According to the Rouydad 24 website, the cost of Iftar or Sahari (breakfast) for a family of five during Ramadan is 400,000 tomans while the minimum estimated cost for an Iftar is 200,000 to 250,000 tomans.
The report emphasised the huge disparity at a time when the average daily income of a typical worker is approximately 250,000 tomans. In 2023, a full iftar meal for a family of five cost over 250,000 tomans.
In 2022, the minimum cost of preparing an Iftar table was reportedly around 150,000 tomans.
Rouydad 24 reportedly attributed prevailing economic trends and household conditions to the policies of the Raisi government, saying, “It now appears as though an era has passed since then, with the outcome of Raisi’s economic measures resembling nothing short of economic paralysis.”
Addressing the widening gap between wages and costs over the years, the report reiterates the drastic reduction in Iranian households’ food provisions.
Data from the Iranian Statistics Center show soaring inflation rates. In February 2024, annual inflation in the ‘red meat and poultry’ sector reached 93.3 per cent. In the red and white meat and related products sector, it was 90.7 per cent, leaving Iranians spending at least 90 per cent more on meat in January 2024 than the previous year.
In January 2024, public transportation costs leapt up 57.4 per cent compared to the same period in the previous year. Hotels and restaurant expenses jumped by 62.5 per cent.
Such statistics prove that inflation is one of Iran’s foremost economic challenges, with a significant impact on daily life and diminishing household food supplies.
Source: INU
(Quote via original reporting)