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Thursday, 16 September 2021 08:04

Head of the Chamber of Commerce: Kermanshah inflation rate can be controlled

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The head of the Kermanshah Chamber of Commerce, Industries, Mines, and Agriculture said: "Based on the studies conducted by the chamber's experts, the Kermanshah inflation rate can be controlled by a proper planning and developing a specific formula."

Stating that inflation in Kermanshah can be controlled in an interview with IRNA (Islamic Republic News Agency) correspondent on Thursday, Keivan Kashefi said: "Given that the reasons for inflation in Kermanshah are clear, periodic meetings should be held in Market Regulation Group-Work subordinate in order to control prices and to reduce the inflation.

Market monitoring must be conducted seriously

Kashefi considered the high price of services as one of the factors in increasing the inflation rate and stated: due to the issues such as limited working hours and lack of specialized labor, the cost of production and services is expensive in Kermanshah.

He cited the lack of proper supervision of the retail system as another reason for the province's high inflation rate and added: guilds inspection have been weakened due to financial issues and have affected supervisions over the past few years.

The head of the Kermanshah Chamber stated: In addition, there are not enough markets and hypermarkets under the supervision of the municipality and other departments, which exist in many other cities of the country for the use of low-income people, in Kermanshah and this affects the high inflation rate.

Kashefi cited the weakness of the transportation system as another factor in high prices and said that strengthening the rail transportation system can lead to the reduction of production costs and ultimately, prices’ reduction.

He also introduced Kermanshah as one of the markets for the people of Iraqi Kurdistan to make purchases and said: "The purchases made from the Kermanshah markets by foreign guests can be considered as another factor in the high inflation rate in Kermanshah."

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