Ceasefire brings some relief for Iranians but economic outlook remains grim
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Ceasefire brings some relief for Iranians but economic outlook remains grim
"Sales, however, continued to be slow compared with the period before the war, merchants said. It's almost complete stagnation, said a vendor, who works in the section of the bazaar selling metal goods, tools and light industrial items."
"We received new price listings for some of the products from wholesalers today, everything is about 20-30 percent more expensive compared with listings in late January, he told Al Jazeera, adding that it was unclear when, whether, how much or at what prices new goods could be imported in the future due to the war."
"The Islamic Republic has imposed another near-total internet shutdown since the start of the war on February 28, which has caused countless more income streams to be wiped out for families trying to survive the bombs falling on their cities and the declining economy."
"I don't understand how none of the authorities seem to be thinking that the internet is also crucial civilian infrastructure like the power plants being threatened by the US."
Tehran's Grand Bazaar is experiencing increased activity as more people return to work following a ceasefire. Shops are open longer, yet sales are sluggish compared to pre-war levels. Vendors report significant price increases of 20-30% for goods, reflecting ongoing inflation exacerbated by recent protests and internet shutdowns. The economic outlook remains bleak, with uncertainty surrounding future imports and the impact of continued conflict on civilian infrastructure, including internet access, which is vital for families trying to survive.
Read at www.aljazeera.com
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