Domestic Economy

The average goods and services Consumer Price Index in the 12-month period ending March 20, which marks the final day of the fiscal 2021-22, increased by 40.2% compared with the corresponding…

A total of 196,660 tons of poultry meat were produced in Iran’s official slaughterhouses in the current fiscal year’s 11th month (Jan. 21-Feb. 19), indicating a 35% rise compared with last year’…

Iran’s foreign trade, excluding crude oil exports, stood at 162 million tons worth $100 billion in the fiscal 2021-22, registering a 38% rise in value compared with the year before, according to…

The Statistical Center of Iran has reviewed changes in prices of commodities exported from and imported to the country in the third quarter of the current fiscal year (Sept. 23-Dec. 21, 2021).…

Uncertainty has been the deadliest disease of Iran’s economy for over a century and will likely remain the staunch enemy of production and economic growth in the next decade, says Mohsen…

Direct flights from Iran’s Kish Island to Qatari capital, Doha, is scheduled to be launched concurrent with the FIFA World Cup 2022, according to the secretary of the Supreme Council of Free…

The US dollar exchange rate was around 260,000 rials last March. Now it still hovers around this figure and some days it dips even lower, registering a zero percent growth. 

A total of 388,405 tons of different types of dates worth $296 million were exported from Iran to 85 countries in the last Iranian year (March 2020-21), according to the head of the Agriculture…

With the arrival of two new Covid-19 vaccine shipments, the total import volume has exceeded 158 million doses since January 20, 2021, says the spokesman of the Islamic Republic of Iran Customs…

The Statistical Center of Iran has published new data on the number of building permits issued in Tehran and in other urban areas of the country. 

Iran traded 15.8 million tons of goods worth $9.86 billion in the 11th month of the current fiscal year (Jan. 21-Feb. 19), registering a 5% and 52% year-on-year growth in weight and value…

The Iranian economy is a form of state capitalism and the private sector has been marginalized, or it only plays a ceremonial role, says Gholamreza Kiamehr, an economic analyst, in an article…

A total of 15.5 million tons worth $6.47 billion of raw materials for production of animal feed were imported to Iran during the first 11 months of the current Iranian year (March 21, 2021-Feb…

Trade between Iran and African countries stood at 2.03 million tons worth $967.8 million during the first 10 months of the current Iranian year (March 21, 2021-Jan. 20). Ghana with 518,825 tons…

Arj Home Appliances Company has reopened after five years after 2 trillion rials ($7.6 million) were invested to get it back on its feet mainly by Social Security Investment Company, according…

The average goods and services Consumer Price Index of “furniture and home appliances” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year,…

The Central Bank of Iran says the economy grew by 4.1% in the first three quarters of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding period.…

A total of $82 million worth of different types of footwear were exported from Iran during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), registering a 20% decline compared…

Domestic steel production during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19) decline compared with the corresponding period of the preceding year’s first 11 months.…

The average goods and services Consumer Price Index of “education” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, increased by 24.5%…

China, Iraq, Turkey, the UAE and Afghanistan were Iran’s top five export destinations during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), according to the spokesman of the…

The government’s active involvement with rental market is inevitable, as a significant proportion of tenants are financially vulnerable people. Rental housing should be viewed as an effective…

Iran needs to import 3.5 million tons of wheat by May 21 and a letter of credit (LC) has been issued to this end, according to the head of Federation for Iranian Food Industries Associations.

Iran flag carrier airline, IranAir, is scheduled to operate 126 flights to and from the city of Najaf in Iraq and Syrian capital Damascus in the Iranian New Year holidays, Norouz, which falls…

A total of 51,170 tons of red meat were produced in Iran’s official slaughterhouses during the month ending Feb. 19 to register a 22% rise compared with the similar month of last year, but a 1.3…