Domestic Economy

Mazandaran Province exported 342,000 tons of kiwis and oranges worth around $200 million in the last Iranian year that ended on March 19, 2020. According to a local official, Mehdi Golchoob,…

The Producer Price Index in the four-quarter period ending March 19, 2020, which marks the end of the fourth quarter of the last Iranian year, grew by 36.7% compared with the corresponding…

The state-owned Iran Minerals Production and Supply Company handed over about 50 trillion rials ($284.09 million) worth of mineral projects to the private sector in the last fiscal that ended on…

Iran's only phosphate producer, Esfordi Phosphate Industrial and Mineral Complex, registered an output of 92,491 tons of phosphate concentrates in the last Iranian year that ended on March 19,…

Iran has the capacity to extract 32.5 million tons of copper ores per year, making it the world's eighth biggest country in this respect, says Ardeshir Sa'd-Mohammadi, managing director of the…

The services sector employed 50.3% of the Iranian employed population in the last fiscal year (March 2019-20), that is 12.2 million people, according to the Statistical Center of Iran. Last…

As the desert locust invasion intensifies in southern Iran, Agriculture Minister Mohammad Khavazi was accompanied by experts and officials from the ministry last week to Sistan-Baluchestan…

A total of 825,400 television sets were produced in Iran last year (ended March 19, 2020), indicating a 6.3% increase compared with the year before. According to Mohammad Reza Shahidi,…

The new caretaker of the Ministry of Industries, Mining and Trade Hossein Modarres Khiyabani has banned senior officials of the ministry from signing new agreements or contracts, issuing new…

The Iranian Cabinet approved in its May 13 meeting the formation of the National Headquarters for Register-Based Population and Housing Census scheduled for 2026-27.  Mohammad Baqer…

A total of 2.54 million tons of direct reduced iron were produced in Iran during the first month of the current fiscal year (March 20-April 19), 3% more compared with last year’s similar month…

Since last Wednesday, nearly 18,000 employers and economic operators have registered at the Ministry of Cooperatives, Labor and Social Welfare’s Kara.mcls.gov.ir for coronavirus bailout…

A total of 124 million square feet of leather were produced in Iran during the last fiscal year (March 2019-20), according to the Ministry of Industries, Mining and Trade’s Planning Department…

A total of 3.8 million tons of iron ore concentrates were produced in Iran during the month to April 19 to register a 5% decline compared with the corresponding month of the year before.

For the first time, all five berths of Chabahar’s Shahid Beheshti Port have been serving eight vessels simultaneously since last week, Hossein Ebrahimi, an official with Sistan-Baluchestan Ports…

All home appliances in the Iranian marker should henceforth carry a printed identification number, otherwise they will be deemed contraband and their producers or sellers will be subjected to…

With oil prices in freefall and the coronavirus spreading like wildfire, the government will get more and more worked up this year than the last, especially because of the fiscal burden imposed…

More than 15 tons of saffron have been exported from Iran since the beginning of the current Iranian year (March 20), which shows a 40% year-on-year decline, the deputy head of Iran’s National…

A total of 3.66 million tons of iron ore pellets were produced in Iran during the first month of the current fiscal year (March 20-April 19) to register a 4% decrease compared with last year's…

Kermanshah Province’s border crossings have increased working hours to 20 hours per day amid rising exports. According to Behzad Babakhani, an official with Kermanshah Governorate, local border…

Trade between Iran and EU member states during January-March 2020 stood at €1.16 billion to register a 0.22% decline compared with last year’s corresponding period, latest data provided by the…

A total of 12,860 billion rials ($75 million) have been deposited into the Social Security Organization’s Unemployment Insurance Fund, according to the Ministry of Cooperatives, Labor and Social…

Agricultural yields are expected to increase by 3 million tons, thanks to the good rainfall recorded in the current Iranian year (started March 20).  Unlike last year, when downpours and…

The average Consumer Price Index of the "communications" group in the 12-month period ending April 19, which marks the end of the first month of the current Iranian year, increased by 12.9%…

The youth unemployment rate of those between 15 and 24 years stood at 26% in the last Iranian year (March 2019-20) and registered a 1.7% decrease compared to the year before. According to the…