Mohammad Baqer Nobakht, the spokesman for the 11th government, stated on Sunday, December 9, that the government has no plans to increase bread prices, but allows bakeries to raise prices by up to 30% starting Tuesday to compensate for costs based on the conditions of each province. According to the government’s information website, Nobakht mentioned that the government will continue to pay wheat purchase subsidies as before. However, the Vice President and government spokesman added that the government will allow bakeries in different provinces to increase bread prices by up to 30% to compensate for the difference in increased ancillary costs. Nobakht emphasized that provincial governors will manage this price increase. The Iranian Vice President clarified that this decision has been communicated to the provinces, and they can implement it starting tomorrow or in a few weeks based on local cost conditions, with a maximum price increase of 30%. He added that the Consumer and Producer Protection Organization will oversee the implementation of this decision, and all efforts must be made to ensure that producers, consumers, and bread suppliers are not harmed. Reports indicate that the government had approved a 30% increase in bread prices on December 1, which was decided to be implemented starting Tuesday for various types of bread. According to the report, from Tuesday, the price of Sangak bread will increase from 600 tomans to 780 tomans, Barbari bread from 500 tomans to 650 tomans, Lavash bread from 160 tomans to 208 tomans, and Taftoon bread from 300 tomans to 390 tomans.
Government Spokesman: Bakeries Can Increase Bread Prices by Up to 30%
The Iranian government has allowed bakeries to raise bread prices by up to 30% to cover rising costs, despite stating that there is no official decision to increase prices. This measure is intended to help bakeries cope with inflation and increased operational costs. The decision has been communicated to provincial governors for implementation.
👥 Key Players
📰 What Happened
The Iranian government has allowed bakeries to raise bread prices by up to 30% to address rising operational costs, despite claiming there is no official decision to increase prices. This measure is intended to help bakeries cope with inflation and increased costs of production.
- Bread prices can increase by up to 30% starting December 10, 2023.
- The government will continue to provide wheat purchase subsidies.
💡 Why It Matters
📚 Background
Iran has been facing significant economic challenges, including high inflation and sanctions, which have led to increased costs for essential goods.
🏷️ Entities Mentioned
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Translation confidence: 85%