Domestic Economy

As bitcoin and other cryptocurrency prices jump, officials in Tehran have come up with new measures to prevent illegal use of subsidized electricity.  According to Mostafa Rajabi Mashhadi…

A total of 161 million square meters of tiles and ceramics were exported from Iran in the last fiscal year (March 2019-20), according to a member of Iran’s Tile and Ceramic Producers Union.

Iran’s Sixth Exclusive Trade Exhibition, also known as IR.EXPO HERAT, is scheduled to be held in Afghanistan’s Herat Province from Jan. 19 to 22.  The event has been organized in…

A total of 17.46 million tons of essential goods worth $8.76 billion were discharged from Iranian customs offices during the nine months to Dec. 20, according to Rouhollah Latifi, the…

A high-ranking economic delegation from Armenia, headed by its Economy Minister Tigran Khachatryan and accompanied by representatives of public and private sectors, is expected to visit Iran in…

Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.4% in the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), indicating a 1.2%…

Outbound smuggling via eastern and western borders is to blame for the increase in prices of cooking oil, says Qasemali Hassani, secretary of the Union of Food Wholesalers. 

The Purchasing Managers' Index for the housing sector in the ninth month of the current Iranian year (Nov. 21-Dec. 20) settled at 60.67 from 50.78 in the preceding month (Oct. 22-Nov. 20).…

Exports from the southern Bushehr Province during the first nine months of the current Iranian year (started March 20, 2020) stood at 18.95 million tons worth $4.36 billion.

Despite the imposition of intensified trade restrictions to stem the rapid spread of Covid-19, some 90% of Iranian border crossings are currently open, a deputy head of Trade Promotion…

The abolition of the 42,000 rials per dollar exchange rate for the import of essential goods recently approved by Majlis Joint Commission is bound to increase inflation, says the head of Plan…

Self-declaration of tax by guilds accounts for 70% of the government’s tax revenues, a deputy head of Iranian National Tax Administration said, adding that plans are to increase the figure to 90…

A total of 319,390 tons off commodities have been transited via Milak border terminal in the southeastern Sistan-Baluchestan Province’s Hirmand County since the beginning of the current Iranian…

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to hold two specialized commerce-related courses in…

An exclusive online exhibition for Iranian exports to Iraq is scheduled to be held from Feb. 1-7, according to the director general of Arab and African Trade Affairs Department of the Trade…

The average goods and services Consumer Price Index of “hotels and restaurants” in the 12-month period ending Dec. 20, which marks the end of the ninth Iranian month, increased by 25.7% compared…

The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the Iranian economy settled at 47.77 in the month ending Dec. 20 from 45.70 in the month ending Nov. 20,…

A total of 3.13 quadrillion rials ($12.12 billion) worth of investment was made in industrial units with establishment permits, while projects with operating licenses received more than 1.36…

A total of $40 million worth of apparel were exported from Iran during the first seven months of the current Iranian year (March 20-Oct. 21, 2020), according to the deputy head of Textile and…

A total of 159,996 trucks crossed Iranian borders during the month ending Dec. 20, said Javad Hedayati, an official with the Road Maintenance and Transportation Organization of Iran. 

A register-based census system reduces the cost of traditional census operations by 90%, the head of the Statistical Center of Iran said. 

A total of 188,430 tons of commodities worth $216 million were exported from Semnan Province to 46 countries during the first nine months of the current Iranian year (March 20-Dec. 20) to…

Iran and 27 members of the European Union traded €1.06 billion worth of goods during the third quarter of 2020, to post a 21% decline compared with the previous year's corresponding period.…

The early retirement proposal approved by Majlis Social Commission would pauperize government employees and undermine pension funds, says Saeed Leylaz, a university professor and economic…

Tehran-North Freeway Project’s Section-2 will be completed by the end of President Hassan Rouhani’s second term in office (August 2021) at a cost 37 trillion rials ($143 million), according to…