Lost profits amount to 320 trillion tomans due to gas and electricity outages in the first half of 1404.
Chairman of the Special Committee for Production Support:
🔹 Lost profits in the manufacturing sector due to gas and electricity outages totaled around 300 trillion tomans in 1403, and almost 470 trillion tomans in 1404.
🔹 In the first six months of 1404, this figure is estimated at 320 trillion tomans.
🔹 Without the intervention of the government and policy makers, production will face serious challenges; Reduced production leads to lower exports, higher exchange rates and a vicious cycle of inflation.
🔹 As of today, inflation in the manufacturing sector stands at about 102%, which exceeds consumer inflation.