Iran Bans Dairy Price Hikes Pending New Raw Milk Rates

Iran's Dairy Cooperatives Union CEO announced a ban on dairy price increases until new raw milk rates are set, following a sharp rise in dairy prices. The move is a state-directed price control aimed at curbing inflation, but its effectiveness is uncertain given supply-side pressures. This signals heightened government intervention in food markets, with potential implications for inflation expectations and consumer sentiment.

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