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Iran sees decline in home appliance prices

Business Materials 2 February 2022 17:27 (UTC +04:00)
Iran sees decline in home appliance prices

TEHRAN, Iran, Feb.2

Trend:

The growing price of home appliances is declining and producers are prepared to roll back to former prices, said the Minister of Industry, Mine and Trade, Reza Fatemi Amin, Trend reports citing ILNA.

"The price of home appliances has increased during past two years, however, there was rarely any rise during past months," he said.

"Iran's home appliances industry is growing and annual production has increased from 8 million to 16 million devices," Amin explained.

Iran exported $212 million worth of home appliances during the first nine months of the current Iranian year (March 21 - December 21, 2021).

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