Demand for Home Appliance Repair Rises by 90%
Demand for home appliance repairs has increased 90% due to price increases, said the secretary of the Tehran Home Appliance Sellers Association.
“The rise in prices and the decline in people’s purchasing power have driven the market into recession. There are practically no customers in the store other than dowry purchases, ”added Akbar Pazouki.
Pazouki found that providing working capital is the only way to help manufacturers increase production. Offering credit to producers instead of customers would lead to more production and consequently lower final prices. “
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