The average goods and services Consumer Price Index of “health and treatment” in the 12-month period ending March 20, which marks the end of the 12th month of fiscal 2020-21, increased by 29.9%…
Domestic Economy
The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s economy settled at 54.73 in the month ending March 20, 2021, from 53.73 in the month ending Feb. 18,…
Some poultry plants sell their day-old chicken to neighboring countries despite receiving subsidized poultry feed from the government. According to Habib Asadollah-Nejad, the deputy head…
The ageing Rey Power Plant in Tehran generated two billion kilowatt hours of electricity in the last Persian calendar year (March 2020-2021), which was 5% more than a year ago, the Energy…
Cold spell on April 6-8 as well as frost in January and February have caused 94 trillion rials ($397 million) in damage to orchards in Kerman Province.
The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.
Mazandaran Ports and Maritime Organization recently signed a contract with a private sector company to build a silo with a storage capacity of 30,000 tons of grains in Noshahr Port.
A total of 8.24 million tons of finished and semi-finished steel products were exported from Iran during the first 11 months of last fiscal year (ended March 20, 2021), the Iranian Steel…
Revenues collected from the taxation of empty homes will be injected in the National Housing Fund to be extended as loans to low-income households.
China is willing to invest a total of $400 billion in Iran’s economic sectors as part of its 25-Year Cooperation Agreement, some $80 billion of which are to be in the mining sector, the head of…
A total of 96,970 tons of non-oil goods worth $115 million were exported from factories located in Semnan Province’s industrial parks and zones during the last Iranian year (March 2020-21).
The 41-kilometer railroad connecting Gilan Province’s capital, Rasht, to the port city of Anzali has made 63% and 13% progress in infrastructure and superstructure respectively, which is…
Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 10.8% in the fourth quarter of last Iranian year (Dec. 21, 2020-…
The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food items during the month ending March 20. The biggest month-on-month price rise for a food…
A total of 17,141 planes flew to/over Iran from March 16 to April 2, which coincided with Norouz, the Iranian New Year, holidays, indicating a 94% increase compared with the corresponding period…
Businesses affiliated to Iran Chamber of Guilds have suffered as much as 3,000 trillion rials ($12 billion) in losses since the beginning of the coronavirus pandemic, Mohammad Baqer Mojtabaie,…
The managing director of Bank Maskan, the state agent bank of the housing sector, has unveiled the bank’s agenda for the fiscal 2021-22, which is aimed at stimulating housing supply.
The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending March 20, which marks the end of the 12th month of fiscal 2020-21, increased by 36.6% compared with…
Over 23 million tons of essential goods worth $12 billion were imported into Iran during the last Iranian year (March 2020-21), according to the spokesman of the Islamic Republic of Iran Customs…
IranAir had sent a letter to Boeing in late 2020 asking the Chicago-based jet maker to clarify the status of the deal it signed with the Iranian airline in 2016, Aireza Barkhor, the company’s,…
The unemployment rate for university graduates stood at 14.1% in the fourth quarter of the last Iranian year (Dec. 21, 2020-March 20), posting a 1.5% year-on-year decrease, according to the…
Tehran’s housing Consumer Price Index in the 12-month period ending March 20, 2021, which marks the end of the 12th month of last Iranian year, increased by 78.2% compared with the corresponding…
Restaurants, food, ice-cream and fruit juice outlets in Covid-19 red zones are only allowed to operate takeaways and delivery during the ongoing two-week coronavirus lockdown.
The recent cold spell has caused 19 trillion rials ($76 million) in losses to pistachio orchards in Sirjan County of Kerman Province. “Temperatures dipped below minus 5 degrees Celsius…
A total of 800,000 tons of agricultural products were exported to the neighboring Iraq from Qasr-e Shirin County in the western Kermanshah Province during the last Iranian year (March 2020-21…