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Economy

“Did You Know?” Price Of Mutton Rose Over 80 Times Over 15 Years

February 22, 2023
Did you know that the increase in the price of meat over the last 15 years is 1.5 times higher than the rise in the value of the US dollar against the Iranian currency?
Did you know that the increase in the price of meat over the last 15 years is 1.5 times higher than the rise in the value of the US dollar against the Iranian currency?

In our “Did You Know?” series of articles, IranWire collects, analyses and compares reliable data to produce illuminating infographics on current events in Iran.

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Did you know that the increase in the price of meat over the last 15 years is 1.5 times higher than the rise in the value of the US dollar against the Iranian currency?

With an annual inflation rate reaching about 50 percent, Iranians are grappling with rocketing living costs and are scrambling to convert their savings into hard currencies and gold.

According to Iranian media reports, the price for one kilogram of boneless mutton exceeds 5 million rials, an 82-fold increase since 2006
According to Iranian media reports, the price for one kilogram of boneless mutton exceeds 5 million rials, an 82-fold increase since 2006

Meanwhile, the dollar went past the 500,000-rial mark on the open market, a 53-fold increase compared to the average rate recorded in 2006.

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