Food inflation in Iran

EghtesadOnline: The Statistical Center of Iran has released a report, reviewing the price changes of 53 food items during the month ending June 21. The biggest month-on-month price rise for a food item in urban areas during the month under review was recorded for Persian melon with 24.4%, such that a kilo of Persian melon was sold at 99,705 rials (40 cents). The second and third biggest month-on-month price increases during the period under review were registered for watermelon with 15.1% and potatoes with 14.7%, the Statistical Center of Iran reported. A kilogram of watermelon was sold at 46,955 rials (19 cents) and a kilogram of potatoes went for 62,157 rials (25 cents) last month. Four out of 53 food items examined by SCI this month saw a price decline in the third Iranian month (May 22-June 21) compared with the month before. Peaches with 15.4%, oranges with 8.8% and lamb with 2.2% were three items with the highest month-on-month deflations. A kilogram of peaches ...