Uncontrolled instabilities in the economy, particularly in the rental housing market, are accelerating Iran’s descent into a new form of feudalism, Nasser Zakeri, an economic analyst, says in a…
Domestic Economy
Iran’s trade with Russia stood at 3.5 million tons worth $1.66 billion in the current fiscal year’s first nine months (March 21-Dec. 21), registering a 12% and 41% year-on-year growth in weight…
The National Iranian Copper Industries Company produced 267,016 tons of copper anode in the current fiscal year’s first nine months (March 21-Dec. 21), up 1% year-on-year, latest data released…
In a letter to the Agriculture Ministry, the Vegetable Oil Industries Association has warned against “serious crisis” facing the market as a result of a looming shortage. Per capita vegetable…
Tehran Mayor Alireza Zakani submitted Tehran Municipality’s budget bill for the next fiscal year (March 2022-23) to the capital city’s Islamic City Council on Tuesday. TM’s main budget proposal…
Iran’s rail sector transported 14.7 million passengers during the current Iranian year’s first nine months (March 21-Dec. 21, 2021) to register a 110% rise compared with the similar period of…
Iran’s exports to Syria earned $160 million in the current fiscal year’s first nine months (March 21-Dec. 21), registering a 90% growth compared with $84 million in last year’s corresponding…
Four new shipments of Covid-19 vaccines arrived in Iran, bringing the total volume of imports to 154.98 million doses, Rouhollah Latifi, spokesman of the Islamic Republic of Iran Customs…
The Ministry of Roads and Urban Development has finalized the first definitive list of vacant residential properties containing 1.17 million homes and sent it to the Iranian National Tax…
More than 90% of Iran’s demand for artemia (brine shrimp) are met through imports while Lake Urmia can fully supply this demand, according to the head of Iran Artemia Research Center. “Only…
Trade between Iran and Economic Cooperation Organization’s nine members stood at 23.24 million tons worth $11.75 billion in the current fiscal year’s first nine months (March 21-Dec. 21),…
The Ministry of Industries, Mining and Trade's survey of the current Iranian year’s first eight months (March 21-Nov. 21) indicates the output of 18 products (out of 27 under review) registered…
The time is not right for the government to end the contentious practice of paying subsidies for importing essential goods. This was stated by Albert Boghzian, an economist and university…
Eleven provinces registered double digit unemployment rate for people of ages 15 and above in the current Iranian year’s third quarter (Sept. 23-Dec. 21).
A total of 206 tons of saffron worth $103.3 million were exported from Iran to 52 countries in the current fiscal year’s first nine months (March 21-Dec. 21), according to Rouhollah Latifi,…
A total of 387,090 business permits were issued by the Ministry of Industries, Mining and Trade during the current Iranian year’s first eight months (March 21-Nov. 21), registering a 2.7% growth…
The Education and Research Institute, affiliated with Iran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a courses on arbitration on Jan. 18. The one-day course…
The World Bank has revised up its forecast on Iran's GDP growth in 2022. In a newly-released report, the bank is expecting Iran’s economy to grow 2.4% in 2022, 0.2% more than the bank’s June…
The volume of rail and road transit through Iran is on the rise.
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.72 million tons worth $2.51 billion during the current fiscal year’s first nine months (March 21-Dec. 21),…
Agrifood exports from Iran are on the decline, as imports rise significantly. Latest data released by the Agriculture Ministry show Iran exported 6.26 million tons of agricultural and food…
Economic players have to consider a large margin of error if they are to use official statistics, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.
The unemployment rate for university graduates stood at 13.8% in the third quarter of the current Iranian year (Sept. 23-Dec. 21), posting a 0.5% decrease year-on-year. According to the…
A total of 6.58 million tons of sugarbeet were harvested across the country from the beginning of the current Iranian year on March 21 until the end of the crop year on Dec. 21 to register a 25…
Iran’s exports to African countries reached $912 million in the first nine months of the current fiscal year (March 21-Dec. 21), registering a 199% year-on-year growth ($600 million) in terms of…
