The Minister of Industry, Mines, and Trade stated: “With the entry of invoices into the Comprehensive Trade System, inspections have become intelligent, and monitoring and oversight of the market is carried out without human intervention.”
According to the Mehr News Agency, quoting the Ministry of Industry, Mines, and Trade, Seyed Reza Fatemi Amin, during a brainstorming session with the retail network (national guilds), described the implementation of the plan to enter producer prices and clarify prices as a means to create genuine competition, leading to improved product quality. He noted that the maximum discount allowed for production units (factories) to the distribution network is 3%, and discounts exceeding 3% require obtaining the necessary permits. Therefore, enticing discounts from stores will also be eliminated by implementing the plan to enter producer prices.
He emphasized that based on Article 15 of the Trade System, retailers must display the consumer price on the product shelf for the buyer to see, which is actually a global standard.
The Minister of Industry, Mines, and Trade also pointed out that by entering invoices into the Comprehensive Trade System, inspections have become intelligent, and market monitoring and oversight occur without human intervention. When the inspection burden on retailers is lifted, it contributes to price stability.
Fatemi Amin identified price stability as one of the main goals of implementing this plan, stating that with the execution of the price transparency plan and the entry of producer prices, market oversight can be maintained with minimal challenges.
Referring to the growth of exports and the country’s oil revenues, he stated that non-oil exports had surpassed $45 billion by the beginning of Esfand, indicating a bright outlook for the country’s macroeconomy. He expressed optimism that with the cooperation and synergy of all stakeholders, a promising situation will be created in the future.
The Minister of Industry, Mines, and Trade also added that the annual inflation rate has decreased from 45-50% in Shahrivar (September) to around 35%, and consequently, point-to-point inflation has also declined
