Only a month into the new Iranian year, the consequences of the government’s economic plans are becoming evident for manufacturers and industrial enterprises with the rise in prices of goods and…
Domestic Economy
The number of monthly home sales in Tehran have reached an 11-month low amid ever-rising prices, the Central Bank of Iran announced.
The ceiling on housing construction loans for professional real-estate developers in Tehran and 11 other cities increased by 30% to reach 6 billion rials ($21,428). According to Mahmoud…
The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.6% in the last month of the first Iranian month (March 21-April 20), unchanged from…
A total of 205.34 million tons of goods were loaded and unloaded in Iran’s 22 commercial ports in the last Iranian year (March 2021-22), registering a 14% rise compared with the year before.
Exports from Khuzestan Province’s customs terminals hit 17.35 million tons worth $6.77 billion in the fiscal 2021-22, registering a 75% and 12% year-on-year growth in weight and value…
Lack of confidence in Iran’s business environment will persist in the fiscal 2022-23 as the easing of Covid-19 restrictions and sanctions remains the only hope of economic players, the latest…
Almost all economists, private sector players and the government believe stability in the Iranian economy can improve the economic situation.
Iran exported a record high of 12,500 tons of farmed shrimp valued at $54 million during the 11 months of the last Iranian year (started March 21, 2015), an official with the Iran Fisheries…
Domestic passenger traffic in Iranian airports registered a year-on-year growth of 24% in the fiscal 2021-22 (ended March 20), as 28.03 million passengers were flown internally by Iranian…
As per the proposal of the Ministry of Roads and Urban Development, the Market Regulation Headquarters and the Consumers and Producers Protection Organization have agreed to increase…
Iran traded 1.73 million tons of non-oil goods worth $1.25 billion with Latin American countries in the fiscal 2021-22, latest data released by the Islamic Republic of Iran Customs…
Exports from Kermanshah Province hit $2.7 billion in the fiscal 2021-22 (ended March 20), registering a 15% growth compared with the previous year, according to a local official. “The province’…
Iranian entrepreneurs are ensnared by government red tape far more than their counterparts in the neighboring countries, says Ali Naqib, the head of the Association of Tehran Province…
A total of 194,000 tons of different kinds of pulses were imported in the last Iranian year (March 2021-22), registering a 125% rise compared with the previous year, according to the secretary…
Iran’s trade with China hit 8.88 million tons worth $8.46 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 24% and 55% year-on-year growth in weight and…
The unexpected announcement of a fivefold increase in the price of flour used by food factories has led to their procrastination in purchasing raw materials. They are expected to suspend…
The average Consumer Price Index for rent levels of residential homes in urban areas of Iran during the four-quarter period to March 20, which marks the end of winter, increased by 26.9%…
Governments in Iran always intensify supervisory activities in an attempt to control inflation whereas inflation will remain in place as long as the factors causing it continue to exist, Vahid…
Iran’s foreign trade, excluding crude oil exports, hit 41.52 million tons worth $29.55 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 14% and 37% year-…
The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending April 20, which marks the last day of the first month of the fiscal 2022-23, increased…
The International Monetary Fund expects the unemployment rate in Iran to exceed 10% in 2022 and the following year. In its latest World Economic Outlook report titled “War Sets Back Global…
New data released by the Iranian Steel Producers Association show the output of semi-finished products stood at 27.9 million tons in the fiscal 2021-22 (ended March 20), 8% less compared to the…
The volume of Khorasan Razavi’s foreign trade (exports and imports) increased by 17% in the fiscal 2021-22 compared with the year before, according to Mohammad Ali Amir-Fakharian, a local…
The Consumer Price Index of “clothes and shoes” in the 12-month period ending April 20, which marks the end of the first month of the fiscal 2022-23, increased by 50% compared with last year’s…
