“Hotels and restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 72.5% in the eighth month of the…
Domestic Economy
Iran and Turkey traded $4.49 billion worth of goods during the first 10 months of 2022 to register a 20.45% year-on-year rise, latest data released by the Turkish Statistical Institute show.…
A total of 8,005 homes were sold in the city of Tehran during the eighth month of the current Iranian year (Oct. 23-Nov. 21), registering a 47.8% rise compared to the previous month and a 9.6%…
Countrywide data on inflation and income inequality show that these two concepts have a non-linear and asymmetric relationship.
Trade reports published in Iran only survey non-oil exports. The country’s oil statistics are not available; therefore, speaking of trade surplus and deficit seems unprofessional.
The Producer Price Index in the four-quarter period ending Sept. 22, 2022, which marks the end of the second quarter of the current Iranian year, rose by 39.9% compared with the corresponding…
Iran's apparent steel use in the first seven months of the current fiscal year (March 21-Oct. 22) increased significantly compared with last year's corresponding period. Apparent steel use is…
A total of 15.6 million tons of essential goods were unloaded at Iranian ports during the first eight months of the current Iranian year (March 21-Nov. 21), new data released by the Ministry of…
Iran exported $248 million worth of goods to South Africa during the first seven months of the current Iranian year (March 21-Oct. 22), according to the deputy head of Iran-South Africa…
Iran’s economy is not doing well and its prospects are not promising either. Year-on-year inflation rate has increased from 34.7% to 48.1% and the rial’s exchange rate against the US dollar has…
What is the reason behind the decline in Iran’s exports to Iraq, Afghanistan and other neighboring countries? Why did Pakistan decide to part ways with Iran in energy trade? What is Iran’s…
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 46.64 million tons worth $30 billion during the first seven months of the current…
A total of 192,138 tons of goods worth $74.59 million were exported from Iran’s Semnan Province during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 3%…
Legalities for the creation of a free trade zone between Iran and the Eurasian Economic Union are expected to be finalized within a month, Iranian Deputy Industries Minister Alireza Peymanpak,…
A total of 116,000 tons of fresh tea leaves were produced in Iran’s three northern provinces this year, out of which 26,000 tons of processed tea were produced, according to the head of Iran Tea…
More than 1.38 million tons of goods worth $545.31 million were exported from Khosravi Border Terminal in Kermanshah Province’s Qasr-e Shirin County during the first eight months of the current…
More than 1.41 million tons of steel rebar were exported from Iran during the first seven months of the current fiscal year (March 21-Oct. 22) to register an 8% rise compared with the…
“Food and beverages”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 61.8% in the eighth month of…
How will the Iranian economy and the livelihoods of Iranians fare in the coming years? Not a favorable one, given the current governing approaches and the dismal economic indicators. Note that…
Iran’s trade with Belarus stood at 24,331 tons worth $30.86 million during the first seven months of the current Iranian year (March 21-Oct. 22), according to the spokesperson of the Islamic…
The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold four business courses in December. The first…
The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Lorestan registered the highest average annual inflation with 48.9% while Khuzestan posted the lowest with 39.3…
Iran’s 22 commercial ports handled 142.77 million tons of cargo during the first eight months of the current Iranian year (March 21-Nov. 21), registering an 8% rise compared with the similar…
A total of 4.42 million tons of goods worth $1.77 billion were exported to Iraq from Kermanshah Province during the first seven months of the current Iranian year (March 21-Oct. 22), registering…
Iran’s Chamber of Commerce, Industries, Mines and Agriculture plans to send a business delegation to Russia on Dec. 18 in cooperation with Iran-Russia Chamber of Commerce. The delegation, led…
