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HomeIran News NowIran Economy NewsWater cost soars by 20 per cent in Iran

Water cost soars by 20 per cent in Iran

The cost of water and sewage services has soared by 20 per cent in Iran – just a week after a steep hike in electricity prices.

The price of gasoline and other energy sources are also now set to increase, pushing up the price of goods and heaping pressure on manufacturers and businesses.

One manufacturer said: “With electricity fees rising, the price of goods and services will increase in a chain reaction. An increase in the prices of electricity and other sources of energy will lead to an increase in inflation. Some citizens are saying a that a 24 per cent increase in electricity costs is in contrast to what is described as a slow pace of increasing energy prices.”