Details of the massive price hikes from 2005 to 2012 – which spans the two terms of Mahmoud Ahmadinejad’s presidency – have been published by Iran’s Central Bank.
Their report comes ahead of Iranian regime’s presidential election in June.
The Central Bank report compared the prices of the 30 most commonly consumed items over the seven-year period, showing the cost of eggs had risen 428 percent, rice had gone up by 403 percent, meat by 395 percent, sugar by 261 per cent and milk by 252 per cent.
Rival factions in the regime are blaming Ahmadinejad for the steep increase.
Details of the price rises are also revealed only two weeks after the former head of the Revolutionary Guard warned that farmers’ protests in Isfahan over water shortages could trigger a massive social uprising that could threaten the stability of the regime.
Ex-IRGC chief Mohsen Rezaie wrote on his website: “The events that occurred in Isfahan have proved the accuracy of warnings from experts over the consequences of economic pressures.
“The message from Isfahan must be that severe economic problems could cause similar social unrest and widespread discontent anywhere else in the country.”