India’s basmati rice exports surged by 17% in volume during the first three quarters of the current fiscal year (ended Dec. 21, 2022), while exporters are earning at least 20% more on average in…
Domestic Economy
Iran’s trade with Shanghai Cooperation Organization’s member states, excluding crude oil exports from the country, stood at 42.91 million tons worth $33.84 billion during the first 10 months of…
A total of 1,330 tons of honey worth $2.5 million were exported from Iran to 22 countries during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the head…
“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 8.8% in…
The Producer Price Index for industrial chicken farms in the four-quarter period ending Dec. 21, 2022, which marks the end of the third quarter of the current Iranian year, increased by 66.3%…
A total of 1.9 million tons of goods worth $724 million were exported from Parvizkhan Border Terminal located in the western Kermanshah Province to Iraq during the first 10 months of the current…
The Purchasing Managers’ Index for the construction sector remains in contraction mode, the latest data released by the Iran Chamber of Cooperatives show. The PMI settled at 42.3 in the 10th…
A total of 49.69 million tons of goods were loaded and unloaded at Bushehr Province’s six ports during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 17…
Ali Bahreini, ambassador and permanent representative of the Islamic Republic of Iran to United Nations and other international organizations in Geneva, Switzerland, presented the instruments of…
The world has tested subsidization programs many times and countries continue to implement support policies in different ways.
Zimbabwe and Iran are ready to increase trade and economic cooperation following the signing of a framework-setting memorandum of understanding at the 9th meeting of the Joint Permanent…
The average Producer Price Index for the services sector in the four-quarter period ending Dec. 21, 2022, which marks the end of the third quarter of the current Iranian year (autumn), increased…
The Second Iran-Afghanistan Business Forum and Conference, touted as “the biggest business event held between the two neighboring countries” was held at Tehran’s Olympic Hotel on Feb. 6-7. A…
“Leisure and Culture”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate…
Iran is interested in timber supplies from Belarus, Belarusian Deputy Forestry Minister Vladimir Krech told reporters after his visit to Tehran, BelTA learned from the press service of the…
The third Economic Diplomacy Forum of Iran and Eurasian Economic Union on the Agrifood Industry is scheduled to be held on Feb. 13 at the IRIB International Conference Center in Tehran. The…
Iran registered an average inflation rate of 18-20% for a four-decade period. It is an economy struggling with chronic inflation; in fact it has lived through the most chronic form of inflation…
The government earned 3,887 trillion rials ($8.71 billion) from taxation during the period from the beginning of the current Iranian year on March 21, 2022 to the end of the 10th month of the…
The Ministry of Agriculture has raised export duty for onion to 180% in an attempt to rein in the rising prices in the domestic market. This is the second time in about a month’s time the…
According to the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture, the Purchasing Managers' Index for local industries settled at 45.6 in…
Immigration of the Iranian students and elite has accelerated significantly as a consequence of economic crises, sanctions, and unfavorable social and welfare conditions over the past decades.…
Heavyweight local companies in the field of minerals and mining industries earned 1,345 trillion rials ($3 billion) in net profit during the first three quarters of the current Iranian year (…
A total of 667,000 tons of finished steel were imported to Iran during the first three quarters of the current Iranian year (March 21-Dec. 21, 2022) to register a 14% year-on-year rise,…
The unemployment rate for those aged between 18 and 35 years stood at 14.8% in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), according to the Statistical Center of Iran…
The Consumer Price Index of “transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, saw 11.9% rise in the tenth…