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Iran War Pushes Essential Drug Prices Up 3-5%

War-related disruption in Iran is expected to push essential drug prices up by 3-5%, erasing recent GST-cut savings for consumers. The industry projects the increase will last 3-4 months, with a rollback tied to input cost stabilization. Duration of supply chain stress remains the key variable.

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Tag

gst-cuts

Iran war impact: Essential drugs may cost up to 5% more, for now

War-related disruption in Iran is expected to push essential drug prices up by 3-5%, erasing recent GST-cut savings for consumers. The industry projects the increase will last 3-4 months, with a rollback tied to input cost stabilization. Duration of supply chain stress remains the key variable.

2mo ago · 1 min · Business

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