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June 7, 2012       Share:    

Source: http://www.commentarymagazine.com/2012/06/05/food-prices-skyrocket-in-iran/

Food Prices Skyrocket in Iran

(Commentary)- Michael Rubin- Iran's Central Bank has released a chart which shows a tremendous rise in the price of most basic foodstuffs in Iran during the past year. The price of chicken has skyrocketed 57% and beef has increased 49%. The price of vegetables has, on average, increased 79%. The increase in food prices has far less to do with sanctions than it does to basic regime mismanagement of the Iranian economy.

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