The Supreme Audit Court of Iran, the supervisory arm of the Iranian Parliament, has released its budget monitoring report for the first four months of the current fiscal year (March 21-July 22…
Domestic Economy
Tehran-Lar-Muscat flights have been scheduled to run as of Sept. 27, according to director general of Larestan International Airport, located in the southern Fars Province of Iran. “Pars Air…
A total of 9.5 million tons of essential goods were unloaded at Iranian ports of entry during the first five months of the current fiscal year (March 21-Aug. 22), registering an 8.3% decline…
The Non-Oil Export Development Commission of Iran’s Chamber of Commerce, Industries, Mines and Agriculture is scheduled to hold a course titled “International Commercial Contracts in Post-Covid…
The Statistical Center of Iran has published new data on the number of building permits issued in Tehran and other urban areas of the country. Municipalities across the country issued…
Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization produced 222,053 tons of aluminum ingots in the current fiscal year’s first four months (March 21-…
Reducing the toll of road traffic accidents is an indicator of the efficiency of governments, says Nasser Zakeri, an economist, in an article for the Persian daily Shargh. A translation…
A total of 18,462 tons of goods worth $9.6 million were exported from Iran to Russia through a new customs corridor on a trial basis, according to the head of the Islamic Republic of Iran…
Iranian steel mills produced 2 million tons of crude steel in July to register a 34.1% year-on-year rise, according to the World Steel Association. The World Steel Association is one of the…
“Transportation”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation, registered an annualized inflation rate of 35.4% in the…
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, stood at 27.24 million tons worth $17.19 billion during the first four months of the…
A total of 5.8 million tons of citrus fruit are expected to be produced in the current Iranian year (March 2022-23) to register a 5.45% rise compared with last year, according to a deputy…
Iran traded 157,935 tons of non-oil goods worth $136.95 million with Latin American countries in the first four months of the current fiscal year (March 21-July 22), latest data released by the…
The annualized inflation of residential buildings in Tehran, the capital city, stood at 28.4% in the fifth month of the current fiscal year (July 23-Aug. 22), according to a new report released…
Exports from Jolfa customs terminal, located in East Azarbaijan Province, stood at 119,000 tons worth $66 million during the first five months of the current fiscal year (March 21-Aug. 22),…
The Consumer Price Index of “food and beverages” stood at 790.9 in the fifth month of the current Iranian year (July 23-Aug. 22) to register a staggering 81.2% year-on-year rise, new data…
More than 60% of respondents to a recent survey reacted negatively to the recent subsidy reform implemented by the government, mostly because following its implementation, the prices of items…
The private sector has been allowed to place orders for wheat imports as of Aug. 23 after a gap of seven years, according to the head of the Agriculture and Food Processing Commission of Tehran…
The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows three provinces registered year-on-year inflation rates of above 60% in the fifth month of the current Iranian…
Iran reopened all its borders with Iraq on Wednesday, a day after they were closed due to the security situation arising from Iraqi Shia cleric Muqtada Al-Sadr’s announcement to quit political…
Iran’s mineral and mining industries’ exports to Iraq hit 21.98 million tons worth $2.59 billion in the first four months of the current fiscal year (March 21-July 22), according to a new report…
The Consumer Price Index of “health and medical treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, stood at 389.5 in the…
A look at Iran’s economic history shows command pricing has been the mother of all the evils of the economy over the past half century. Here, evil does not imply financial corruption alone; it…
Around half of Iran’s 950 locomotives are out of order and, according to Minister of Roads and Urban Development Rostam Qasemi, there is a severe shortage of rail freight fleet.
Iran and Oman traded $647 million worth of goods during the first four months of the current Iranian year (March 21-July 22) to register an 83% year-on-year growth, according to the head of Iran…
