Domestic Economy
July 21, 2023 19:47
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May 22,2022Iran's apparent steel usage registered growth for finished and a decline for semi-finished steel products in the first month of the current fiscal year (March 21-April 20) compared with last year's... -
May 22,2022Ice-cream and fruit juice prices have increased by 25% as of May 22. “The prices of milk and sugar have experienced a nearly twofold increase. Yet, we could not double the prices because then...
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May 22,2022A monthly survey of senior executives of over 400 companies summarized the main concerns and challenges facing Iranian industrialists in the current fiscal year’s first month (March 21-April 20)....
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May 21,2022The Central Bank of Iran says the economy grew by 5.7% in the third quarter of the fiscal 2021-22 (ended Dec. 21, 2021). According to the bank, the “oil industry” saw 5.4% growth, “industries and...
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May 21,2022The Producer Price Index for the services sector reached an all-time high in the winter of last fiscal year (ended March 20, 2022). The average Producer Price Index for the services sector in the...
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May 21,2022A total of 5.77 tons of caviar were exported from Iran to 33 countries in the last Iranian year (ended March 20, 2022), registering a 65% increase compared with the year before, an official with...
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May 21,2022A total of 9.06 million tons of wheat and unprocessed edible oil worth $5.23 billion were imported in the fiscal 2021-22 (ended March 20), the Government Trading Corporation has announced. Wheat...
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May 20,2022About 5,500 tons of goods worth 100 trillion rials ($330 million) were exported from Imam Khomeini Airport’s Customs Office in the last Iranian year (March 2021-22), according to an IKIA customs...
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May 20,2022Angouran lead and zinc complex extracted 1.04 million tons of the minerals in the fiscal 2021-22, registering a 17% growth compared with the preceding year.
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May 20,2022Brazil will replace Ukraine as a supplier of raw materials for animal feed production and measures have been taken to start importing from the South American country in the coming months, says the...
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May 20,2022Iran’s trade with its 15 neighboring countries stood at 5.52 million tons worth $3.14 billion during the first month of the current fiscal year (March 21-April 20), according to the latest data...
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May 20,2022A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture examines policies that have undermined the Iranian economy over the past many years. Mehrad Ebad also puts forward...
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May 20,2022Iran’s location at the East-West crossroads was the reason behind the incursions of tribes and attacks on its civilizational and cultural achievements. Building up walls, diplomacy, swearing...
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May 18,2022All finished steel products have been removed from the list of mineral products on which heavy export duties were imposed recently, following a letter sent by Director General of Mineral Industries...
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May 18,2022The Purchasing Managers’ Index for Iran’s construction sector hit a 23-month low in the current fiscal year’s first month (March 21-April 20). Iran Chamber of Cooperatives’ latest monthly report...
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May 18,2022The Producer Price Index in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of last fiscal year, grew by 56.7% compared with the corresponding period of the...
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May 18,2022Iran’s business environment strengthened in the winter of the previous fiscal year after being weakened for the third consecutive quarter in the autumn of the previous year, according to the Iran...
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May 18,2022Trade between Iran and the Economic Cooperation Organization’s member states increased by 43% to reach 30.87 million tons worth $16.79 billion in the fiscal 2021-22 (ended March 20), data released...
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May 18,2022A high-ranking commercial and marketing delegation headed by Alireza Peymanpak, the head of Trade Promotion Organization of Iran, recently visited Muscat, the Omani capital.
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May 18,2022The sale of industrial bread has declined by 60-70%, following the government’s decision to discontinue flour subsidies, says Mohammad Javad Karami, the head of Leavened and Semi-Leavened Breads...
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May 18,2022Iran and Turkey traded $1.41 billion worth of goods in the first three months of 2022 to register a 43.23% year-on-year rise, latest data by the Turkish Statistical Institute show. Iranian exports...
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May 17,2022The Research Center of Iran Chamber of Commerce, Industries, Mines and Agriculture has assessed the fiscal 2022-23 Budget Law and its impact on the business environment in a report. Its...
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May 16,2022Goods smuggled in and out of Iran annually amount to $17-18 billion, according to the head of the Headquarters to Combat Smuggling of Goods and Foreign Currencies. “Outgoing contraband accounts...
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May 16,2022The specialized commission for carpets, handicrafts and tourism of Iran Chamber of Cooperatives is petitioning the government to repeal the Central Bank of Iran’s export revenue repatriation policy...
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May 16,2022The Russia-Ukraine war, while having a devastating humanitarian impact, presents an opportunity for Iran’s mining sector to grow, says Mohammad Reza Bahraman, chairman of Iran Mine House, in an...
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