Domestic Economy

Iran traded 75.17 million tons of goods worth $36.81 billion with its 15 neighbors during the current Iranian year’s first nine months (March 21-Dec. 21, 2021), registering an 18% and 42% rise…

A total of 13,419 tons of sprat were harvested from the northern Caspian Sea during the current Iranian year’s first nine months (March 21-Dec. 21), registering an 8% rise compared with the…

Iran’s economy is gradually recovering, following a lost decade (2011–2020) of negligible economic growth, reads a new Iran Economic Monitor report by World Bank: “Adapting to the New Normal: A…

A total of $3.5 billion worth of commodities were exported from Kermanshah Province’s border crossings during the current Iranian year’s first nine months (March 21-Dec. 21), showing a 9% rise…

A total of 709,000 tons of rice were imported during the first nine months of the current fiscal year (March 21-Dec. 21), which shows order placements and imports are being carried out slower…

The 70% increase in value added tax, the change in its calculation basis for imports and the rise in fuel prices for industries have inflated the fiscal 2022-23 budget, said the head of the…

Iran’s foreign trade, excluding crude oil exports, reached 43.32 million tons worth $27.16 billion in the third quarter of the current fiscal year (Sept. 23-Dec. 21), according to the spokesman…

Iranian steelmakers have registered higher exports although their production levels had decreased, latest data released by the Iranian Steel Producers Association show. A total of 5.19 million…

The Central Bank of Iran said the economy grew by 1% in the second quarter of the current fiscal year (June 22-Sept. 22). Without taking oil production into account, GDP growth stood at 0.5%,…

The Statistical Center of Iran put labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking for a job — at 40…

A total of 23.05 million tons of essential goods worth $14.14 billion were imported into Iran during the first nine months of the current fiscal year (March 21-Dec. 21), according to the newly-…

The average goods and services Consumer Price Index of “education” in the 12-month period ending Dec. 21 increased by 23.3% compared with last year’s corresponding period. With a coefficient of…

Tehran’s Eighth Specialized Exhibition of Agricultural Inputs, also known as AGRICULTECH 2022, is scheduled to be held in the capital city’s Goftogu Park during Jan. 18-21. The event was…

The share of people living below absolute poverty line from the total population stood at 15% from the fiscal 2013-14 to the fiscal 2017-18, but it hit 30% in two years, i.e., from the fiscal…

Iran’s total greenhouse area stood at 9,856 hectares, 76% of which used drop irrigation, 19% had no irrigation system, 4% were rain-fed and 1% used a combination of drop irrigation and natural…

The Sixth International Forum and Exhibition of Livestock, Poultry and Fish Feed and Related Industries opened in Tehran on Tuesday. Some 70 Iranian businesses as well as representatives of…

A total of 111,122 tons of pistachio worth $738.46 were exported from Iran to 70 countries during the current fiscal year’s first nine months (March 21-Dec. 21), registering a 19% year-on-year…

Recent floods, snow and storms have inflicted losses worth 22,320 billion rials ($80 million) on Kerman Province, says director general of governor general’s office for crisis management.…

A total of $100 million worth of shoes and synthetic leather were exported from Iran during the last fiscal year (ended March 20, 2021), director of Iran Shoemakers Association said.

A total of 1.32 tons of commodities were loaded and unloaded at Gilan Province’s ports during the current Iranian year’s first nine months (March 21-Dec. 21, 2021), registering a 12% rise…

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Dec. 21 increased by 42.2% compared with the similar period of the year before. With a…

Investments are declining chiefly due to the unpredictability of Iran’s business environment.

In their book “Rich Dad, Poor Dad”, Robert Kiyosaki and Sharon Lechter convey one message to young jobseekers: The only way to create wealth (real, financial or human assets) is by becoming an…

The Purchasing Managers’ Index for Iranian industries in the current fiscal year’s ninth month (Nov. 22-Dec. 21) settled at 56.53 from 57.11 in the preceding month (Oct. 23-Nov. 21), indicating…

The Commerce Department of Agriculture Ministry has set export duties on four protein products, namely milk powder, raw milk fat (cream), butter and animal fat, to regulate domestic market…