Domestic Economy

The average goods and services Consumer Price Index of "health and treatment" among 12 groups of the basket of consumer goods and services purchased by households increased by 23.6% in the 12-…

Bank Maskan, the state agent bank of the housing sector, has increased the amount of loans it offers under the Youth Savings Account to applicants in Tehran by 60%, from 2,500 million rials ($8,…

The government earned 510 trillion rials ($1.73 billion) in tax revenues during the first quarter of the current fiscal year (March 20-June 20), which indicates a 111% increase compared with the…

The real-estate agents’ commission in Tehran has been reduced from 1% to 0.5%.  As per the decision of Industries, Mining and Trade Organization of Tehran Province, realtors are allowed to…

The construction of Iran’s biggest super-intensive fish farm commenced in the southern Khuzestan Province’s Gotvand County after a ground-breaking ceremony last week.

The growth in overall Consumer Price Index in the first half of the current Iranian year (March 20-Sept. 21) was the highest (6.3%) in Kohgilouyeh-Boyerahmad Province when compared with the…

Tehran was ranked 102 in the Global Financial Centers Index (GFCI 28) report published by the website of Z/Yen from the United Kingdom and the China Development Institute from Shenzhen. …

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 6.5% in the sixth Iranian month (Aug. 22-Sept. 21), indicating a 1.1 percentage point…

A total of 5 million tons of sugarbeet are estimated to be produced from spring cultivation carried out on 99,000 hectares of plantations across the country, according to the manager of "…

Flights to and from Turkey have been resumed after six months of closure due to the Covid-19 outbreak.  Domestic airlines, namely IranAir, Mahan Air, Iran Airtour, Meraj Airlines, ATA…

Iranian steel mills produced 18.6 million tons of crude steel during the first eight months of 2020 (January to August), which indicates an 11.3% rise compared with the 2019 corresponding period…

A wheat silo with a storage capacity of 100,000 tons will be inaugurated in Semnan Province’s Garmsar County by the end of the current Iranian year on March 20, 2021.  This will be the…

With current wages, workers run out of money only 10 days into the month, says Ali Aslani, a member of Supreme Labor Council. 

On average, residents of Tehran live fewer than three years in one neighborhood, which is indicative of lack of neighborhood belonging and attachment among residents of the capital city, says…

President Hassan Rouhani has called on Health Minister Saeed Namaki to press for urgent action to end the shortage of insulin pens and blood test strips, which is causing serious hardship to…

A total of 13,765 tons of cosmetic products and toiletries worth $10.6 million were exported from Iran to 21 countries during the first five months of the current Iranian year (March 20-Aug. 21…

The government plans to continue subsidizing essential goods in the next fiscal year (March 2021-22).  According to Vice President Mohammad Baqer Nobakht, who doubles as the chairman of…

All domestic airlines have suspended flights to Iraq until Arbaeen that falls on Oct. 8 this year.  According to Maqsoud Asadi-Samani, secretary of the Association of Iranian Airlines,…

Exports from Iran's free trade and special economic zones account for 40% of the country’s total exports during the seven years since President Hassan Rouhani first took office in August 2013.…

A total of 7.36 billion cigarettes were smuggled into Iran during the five months to Aug. 21, indicating a 63.2% increase compared with the corresponding period of last year, the Ministry of…

The second phase of South Kaveh Steel Company with a steel ingot production capacity of 1.2 million tons was inaugurated on Saturday in a ceremony attended by First Vice President Es’haq…

A total of 280,000 tons of cotton bolls are expected to be produced in Iran during the current Iranian year that started on March 20, according to an Agriculture Ministry official, Ebrahim…

The average goods and services Consumer Price Index of food and beverages—among 12 groups of the basket of consumer goods and services purchased by households—in the 12-month period ending Sept…

The “salary subsidy scheme” generated 6,752 jobs for first-time workers in the last fiscal year (March 2019-20).

In March 2020, Iran became the epicenter of the coronavirus pandemic outside China.  Suddenly, Iranian leaders found themselves fighting on two separate fronts: one to save the economy…