February 2024
60% Increase in Men's Shirt Prices; Sales Conducted via Employee Checks
Men's shirt prices have surged by 60% ahead of the new Persian year, leading to reduced demand and domestic production due to declining purchasing power.…
Potential Challenge in Salary Payments; A Government Official: The Parliament's Resolution Requires 24 Trillion Tomans
The head of the Administrative and Recruitment Organization warns that a proposed 2% salary increase for government employees requires a substantial budget, potentially leading to…
Raisi Sets Records; Inflation Rising Daily, Households Shrinking Daily
Iran's Central Bank reports that inflation is set to exceed 49%, with significant discrepancies in inflation data from different sources indicating economic instability. The rising…
Economist Warns of Economic Collapse: 60% Inflation Not Unthinkable
An economist warns that inflation in Iran could exceed 60% next year, significantly higher than the government's estimate of 40%. This situation is exacerbated by…
Population Growth in Iran Approaches Zero Amid Declining Quality of Life
Iran's population growth has dropped to 0.6% due to declining quality of life and ineffective government incentives for childbearing. The economic situation has negatively impacted…
Research Report; 'Inflation Record-Breaking' in the Islamic Republic
A report reveals that inflation during Ebrahim Raisi's presidency has reached unprecedented levels, matching the total inflation of the last 15 years of the Shah's…
The Hidden Consequences of Inflation; After Meat and Nuts on Installments, 'Clothing on Installments' Arrives in the Pre-New Year Market
As inflation continues to rise in Iran, various sectors are now offering essential goods like clothing on installment plans, reflecting the economic strain on households.…
20% Wage Increase for Workers Confirmed; Guardian Council Approves Salary Increase for Employees and Pensioners
The Guardian Council has approved a 20% wage increase for employees and pensioners, but labor activists argue that this is insufficient compared to the rising…
Sectors and Industries Are Losing Workforce; 50% of Workers Have Informal Jobs
The Iranian labor market is facing a crisis as half of the employed population holds informal jobs, indicating a significant issue in job quality and…
The Head of 'IRIB' Also Rejects Minimum Wage; Jabali: We Pay Based on Inflation, Not the 20% Legal Increase
Peyman Jabali, the head of IRIB, announced that the organization will not follow the legal budget increase of 20% for wages, opting instead to pay…