#Iran: Nowruz and the economy

22 Mar

Cartoon which shows the Iranian consumer suffering under the heavy weight of Nowruz costs. On the Goldfish its written “inflation”. Source

Yesterday was Nowruz, the Iranian new year.
During the new year holiday period, many people visit family and friends.
Others go on holiday. Many buy Goldfish as a symbol of the new year.
So what is the economic situation of people in Iran this Nowruz, compared to the last one?
Has their purchasing power increased, or decreased?

In this interesting video report for the Financial Times, Najmeh Bozorgmehr talks with Iranians, from the medium and the low-income classes of society.

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