Domestic Economy

Over 10 million tons of essential goods worth $4.7 billion have been cleared from Iran's customs terminals in the first five months of the current Iranian year (March 20-Aug. 21).

India’s total transit of goods to Afghanistan via Iran accounted for 28% of Chabahar’s total container traffic by the end of August, which marks the 20th month of the Indian operator’s presence…

The dredging of inner and outer channels of the southern port of Bushehr is complete.  The 1.9-trillion-rial ($7.7 million) project, which deepens the channels to 10.8 meters, will allow…

A total of $75 million worth of furniture were exported during the last Iranian year (March 2019-20), registering a whopping rise of 290% compared with the previous year, according to the head…

Bank Maskan has offered close to 70,000 loans worth 19,000 billion rials ($77 million) under the Youth Savings Account from the Iranian year ending March 2006 until now, Hibna, the news portal…

The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran's overall economy settled at 46.43 in the month ending August 21 from 45.47 in the month ending July 21, indicating 0…

The outbreak of coronavirus has caused 120 trillion rials ($490 million) in losses to Iran’s tourism industry to date, says Minister of Cultural Heritage, Tourism and Handicrafts Ali Asghar…

The Producer Price Index of the industrial sector in the four-quarter period ending June 20, which marks the end of the third month of the current Iranian year, grew by 23.8% compared with the…

Deputy Minister of Roads and Urban Development Mahmoud Mahmoudzadeh says 330,000 out of 410,000 people who have applied for security deposit assistance loans meet eligibility requirements set…

The shortage and the inflated prices of poultry feed have forced farmers to reduce their day-old chicken production, which move could lead to market agitation in the near future.

The transportation sector’s recovery from the shock of coronavirus has gathered pace in the past couple of months, a senior official with the Ministry of Roads and Urban Development said.…

A total of $306 million worth of non-oil goods were exported from Markazi Province during the first five months of the current Iranian year (March 20-Aug. 21). "More than $120 million of the…

A total of 479,195 tons of commodities worth $1 billion transited through Bashmaq border crossing located in the western Kurdestan Province during the first five months of the current Iranian…

Iran’s trade with Turkey totaled $1.39 billion during the first seven months of 2020 (January-July) to register a decrease of 67% compared with the corresponding period of 2019, latest data…

The northwestern province of West Azarbaijan has attracted foreign direct investments worth $63 million during the seven years of Hassan Rouhani’s presidency (August 2013-20). “The figure…

Iran Airports Company’s revenues from overflight charges decreased by 46% or $69 million in the first half of 2020 compared with the same period of 2019, according to Siavash Amirmokri, managing…

The average goods and services Consumer Price Index of clothing and shoes in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 32.9% compared with…

Following the outbreak of coronavirus that forced the shutdown of almost all Iranian borders, some 88% of the country’s crossings have reopened for trade exchanges and passenger traffic, says…

Amir Kabir Steel Company, a subsidiary of Mobarakeh Steel Company, broke ground on a new cold-rolled coil plant as well as the expansion project of an acid-washing unit in Kashan, Isfahan…

Minister of Cultural Heritage, Tourism and Handicrafts Ali Asghar Mounesan said he will visit Russia by the end of the current Iranian month (Sept. 20) in order to carry out final negotiations…

Bank Maskan, the state agent bank of housing sector, financed the reconstruction and renovation of 13,852 old buildings in urban slum areas during the first five months of the current Iranian…

The Statistical Center of Iran has published its latest figures concerning the number of building permits issued in Tehran as well as other urban areas during the fourth quarter of the last…

An average annual of 400 billion rials ($1.6 million) worth of infrastructural investments has been allocated to Qazvin Province’s industrial areas every year since 2013 when President Hassan…

The National Iranian Copper Industries Company's sales stood at 120 trillion rials ($495 million) during the first five months of the current Iranian year (March 20-Aug. 21), according to the…

The Statistical Center of Iran has released a new report, reviewing the price changes in food products during the fifth month of the current Iranian year (July 22-Aug. 21).   The biggest…