Iran Economy News500% Increase in Price of Crops in Iran

500% Increase in Price of Crops in Iran

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500% increase in price of crops in Iran

By Pooya Stone

In the first three months of the current Iranian year, the price of potatoes and onions has increased by more than 500 percent compared to the same period last year.

Statistics on the average price of crops and the cost of agricultural services during this spring shows that prices of onions, potatoes and tomatoes had the highest increase compared to the previous year, according to the state-run ISNA news agency, which quoted a report by the Iran’s statistic center. It said the average price of potatoes are about 36120 rials and onions 37130 rials, and tomatoes 22240 rials, which increased by 527.9, 539.2, and 221.6 percent respectively, compared to the same season last year.

In the cereals sector, the average price of wheat was 17210 rials and the average price of barley was 17850 rials, which increased respectively by 31.1 and 57.5 percent compared to the same season last year.

The average price of chickpea was 60000 rials and lentils 55540 rials, 43.8 and 25.9 percent higher than the same period last year.

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