The bigger share of durable goods (automobiles, household goods, etc.) in the consumer basket of high-income deciles is one of the reasons behind the inflation gap between income deciles, Javad…
Domestic Economy
A total of 15.69 million tons of mineral products worth $2.17 billion were exported from Iran in the first five months of the current fiscal year (March 20-Aug. 21).
Loans paid under the government-backed relief program increased by 50% over the past month, according to the taskforce combating the economic impact of coronavirus.
Cattle farms in Iran produced 1.89 million tons of milk and 355,000 heads of heavy livestock in the second quarter of the current year (June 21-Sept. 21), indicating a 2.16% and 0.57% increase…
Iran accounts for nearly half of Afghanistan's market demand, according to Iran’s commercial attaché to the neighboring country, Mohammad Mehdi Javanmard-Qassab. About $3-4 billion of…
One hundred thousand homes will be constructed for people of modest means in cooperation with Kuzu Group, a Turkish construction company. According to Alaeddin Khataei, the managing…
Iran’s commercial exchanges with its biggest trading partner, China, hit $9.8 billion from January to August to register a 40.6% decline compared with the corresponding period of 2019.
A total of 450 tons of medicinal herbs were exported from Iran during the first half of the current Iranian year (March 20-Sept. 21), registering a 40% decline compared with the similar period…
The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food items during the month ending Sept. 21–the sixth month of the current Iranian year. The…
The Ministry of Industries, Mining and Trade's review of the first five months of the current Iranian year (March 20-Aug. 21) shows the production of 16 industrial products (out of 28 under…
Iran’s non-oil foreign trade stood at 62.84 million tons worth $30.34 billion during the first half of the current fiscal year (March 20-Sept. 21), indicating a 28% decline in value compared…
Kish Air will resume flights to Dubai as of Oct. 5 after months of closure due to Covid-19 outbreak. The airline will offer weekly flights to the most populous city in the UAE on Mondays…
The number of importers of livestock and poultry feed raw materials has reduced by 70% in the first half of the current year (March 20-Sept. 21).
A total of 1.68 million tons of goods worth $300 million were exported from South Khorasan Province’s customs terminals during the first half of the current Iranian year (March 20-Sept. 21),…
A total of $620 million worth of construction materials were exported from Iran during the last fiscal year (March 2019-20), according to the director general of Trade Promotion Organization of…
Iran’s Niksun Sanat Company has signed a contract with Japanese Suzuki group for the joint manufacture of home appliances, the managing director of the Iranian company said on Wednesday. …
Housing inflation in Iranian metropolises has resulted in an unprecedented rate of suburbanization over the past couple of years. A total of 90,000 people moved to new towns in the last…
The Iranian National Tax Administration has released the list of products that are subject to the new environmental tax.
Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and…
More than 1.19 quadrillion rials ($4.07 billion) worth of investments are expected in industrial units with establishment permits, while projects with operating licenses are estimated to have…
Desert locusts are expected to arrive in Iran once again, this time in large bands from Oct. 6, according to the spokesperson of Plant Protection Organization, affiliated with the Agriculture…
A virtual conference on agricultural products and food trade is scheduled for Oct. 13 at 2:00 p.m. between Iranian and Indian business community.
The average goods and services Consumer Price Index of transportation increased by 51.5% in the 12-month period ending Sept. 21, which marks the end of the sixth Iranian month, compared with the…
A total of 2.46 million tons of stones, gypsum, sand and gravel worth $1.3 billion were exported from Iran in the first five months of the current Iranian year (March 20-Aug. 21).
The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold three specialized courses on trade…
