Tehran (IP)- Iran's minister of economy said that in raising prices, the role of eliminating the preferred currency is much smaller than foreign factors and imported inflation caused by the Ukraine war.

Iran PressIran News: "Sometimes people feel that the price increase is due to the elimination of the preferred currency of a few items, while this has little effect on inflation," he said, citing domestic and foreign factors influencing the price increase.

In an interview with IRIB, Ehsan Khandouzi added: "Last month, inflation in Iran was lower than many countries with more stable economies such as Russia, Brazil , the Netherlands, Britain, the USA, Germany, and Italy."

"I want to say that last month, commodity prices rose around the world, and Turkey had more than 70 percent inflation in one year," Khandouzi said.

"Unlike many other countries, we do not face a shortage of basic goods, while in Sweden and Britain, some goods are currently rationed," he said.

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