Bloomberg News

Iran Increase Bread Prices by as Much as 33%, IRNA Reports

June 10, 2012

Iranian authorities increased the price of traditional breads by as much as 33 percent in the capital, Tehran, the official Islamic Republic News Agency reported, citing a Tehran province official.

A Sangak loaf will now cost 6,000 rials (49 cents), said Nematollah Torki Tehran’s governor deputy for planning. Barbari, Taftoun and Lavash loaves will cost 5,000, 3,000 and 1,600 rials respectively, he said in the report published late yesterday.

The new prices will apply in Tehran bakeries from today, he said, according to the report.

The government previously increased bread prices in April 2011 when the price of a Sangak loaf was fixed at 5,000 rials, Barbari at 3,750 rials and Taftoun and Lavash loaves at 2,500 and 1,250 rials respectively.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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