Latest data released by the US Census Bureau show Iran-US trade more than doubled in October compared to the previous month. Iran’s exports to the US stood at $0.4 million in October, up 100%…
Domestic Economy
Two new shipments of Covid-19 vaccines, the first containing 131,000 doses of AstraZeneca made in Germany and the other 1.09 million doses of AstraZeneca made in the Netherlands, have been…
New data released by the Statistical Center of Iran show the economy grew by 5.9% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period…
Prices of essential goods have increased by more than 60% over the past year, the Ministry of Industries, Mining and Trade reported.
Non-oil exports from Gilan Province hit 704,000 tons worth $412.46 million during the current fiscal year’s first eight months (March 21-Nov. 21), registering an 11% and 35% growth in weight and…
New data on Purchasing Managers’ Index for Iran’s overall economy show a downtrend in the index. The PMI, known by its Farsi acronym Shamekh, for Iran’s overall economy settled at 51.07 in the…
The Cabinet has finalized the fiscal 2022-23 Budget Bill on Wednesday. The bill is now ready to be voted on by members of parliament and will most likely top their agenda in the coming week (…
The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)”in the 12-month period ending Nov. 21, which marks the end of the…
The National Iranian Tax Administration earned 1,980 trillion rials ($6.6 billion) from taxation during the current fiscal year’s first eight months (March 21-Nov. 21), says the head of the…
A new report by Iran Chamber of Cooperatives shows the monthly Purchasing Managers’ Index for the domestic construction sector has declined below the 50-mark. PMI in the current Iranian year’s…
A total of 534,591 tons of non-oil goods worth $301.08 million were exported from Astara County’s road, rail and sea border crossings in the current Iranian year’s first eight months (March 21-…
The Statistical Center of Iran has published new data on building permits issued in Tehran and other urban areas during the fiscal 2020-21 (ended March 20). Municipalities across the…
More than 4.93 million tons of goods were transported by railroad from Shahid Rajaee Port of Hormozgan Province to destinations across the country during the current Iranian year’s first eight…
Russia sent back Iran’s export shipment of pepper last week on the grounds that four types of unregistered pesticides were used in their cultivation.
Iran produced 9,000 tons of olive oil from plantations scattered across the country during the last Iranian year (March 2020-21), according to the manager of the Agriculture Ministry’s “Olive…
From the beginning of the fishing season in mid-October to Nov. 29, bony fish harvest in the three northern provinces bordering the Caspian Sea exceeded 920 tons, marking a 23% rise compared…
A total of 15,960 public complaints were filed against goods and service providers with the industries, mining and trade organizations of 31 provinces during the current fiscal year’s eighth…
Over 120 tons of saffron worth $60 million were exported to 60 countries in the current fiscal year’s first seven months (March 21-Oct. 22), according to Rouhollah Latifi, spokesman of the…
The ninth edition of Iranian Laboratory Equipment and Materials Exhibition is scheduled to open on Dec. 14 in Tehran, the news portal of Iran’s Chamber of Commerce, Industries, Mines and…
Tehran is hosting the Sixth International Exhibition of Agriculture and New Irrigation Systems, Related Machinery, Inputs and Greenhouse Crops, also known as “Iran Agri Show 2021”. The event,…
Tehran experiences a major earthquake every 165 years on average with magnitudes ranging from 5 to 7.5, says Akramossadat Alijanzadeh, an expert with the Geodesy and Geodynamic Department,…
A total of 5.76 quadrillion rials ($19.2 billion) worth of investments were made in industrial units for which establishment permits were issued by the Ministry of Industries, Mining and Trade,…
Iran’s cosmetics market is worth around $1 billion, 70% of which are dominated by contraband and fake products, according to the head of Importers of Toiletries, Cosmetics and Perfumes…
After a hiatus of two years in bilateral trade, Iran has exported $41,140 worth of commodities to its southern neighbor Saudi Arabia since Ebrahim Raeisi’s presidential term began in August,…
The Producer Price Index in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current Iranian year, grew by 64.6% compared with the corresponding period…
