Domestic Economy

Iran’s greenhouse areas currently stand at 21,000 hectares, showing a 162% upsurge compared with the 8,000 hectares when President Hassan Rouhani first took office in August 2013, Agriculture…

The number of people who worked two jobs at the same time rose from 726,000 in the year ending March 2018 to 834,000 in the year ending March 2020, latest data released by the Statistical Center…

The government earned 1,920 trillion rials ($7.68 billion) from taxation, customs duties and resources entitled “miscellaneous income” during the nine months to Dec. 20, 2020, which is 88% of…

The Purchasing Managers’ Index for industries during the 10th month of the current fiscal year (Dec. 21, 2020-Jan. 19) settled at 49.79 from 49.30 in the preceding month (Nov. 21-Dec. 20, 2020…

Nomads have produced a record high of 200,000 tons of red meat in the current Iranian year (started March 19, 2020), which account for 25% of Iran’s total red meat output, the head of Nomadic…

The government will submit a new budget bill to the Iranian Parliament. According to the Iranian president’s chief of staff, Mahmoud Vaezi, the government’s decision to accede to Majlis demand…

Tehran is hosting the 14th International Exhibition of Plastics, Rubber, Machinery and Equipment, also known as “IRAN PLAST 2021”. The event opened at Tehran’s International Exhibition Center…

The average Producer Price Index of the industrial sector in the four-quarter period ending Dec. 20 grew by 37.4% compared with the same period of last year.  The sector’s PPI for the four…

The Islamic Republic of Iran Customs Administration has earned 110 trillion rials ($450 million) in customs revenues since the beginning of the current fiscal year (March 20, 2020) and is…

Each year, 100 million square meters of buildings are constructed in Iran’s urban and rural areas, according to the head of Construction Engineering Organization.

The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a webinar on investment and four courses on…

Mazandaran Province’s agriculture sector received a total of 30 trillion rials ($125 million) in bank loans during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19),…

The ban on bleach (sodium hypochlorite) exports has been lifted and businesspeople complying with the regulations of bleach trade can export their products, says the spokesperson of the Islamic…

Iran and Turkey traded $3.43 billion worth of goods in 2020 to register a decline of 45.82% compared with 2019. According to the latest data of Turkish Statistical Institute, Iran exported $1.…

The Producer Price Index for the “agronomy, horticulture and traditional husbandry” group in the four-quarter period to Dec. 20, which marks the end of the third quarter of the current Iranian…

Iranian airlines have purchased eight secondhand passenger planes, says the head of Civil Aviation Organization of Iran. “Eight airplanes have been imported into the country, but they have not…

The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s economy settled at 48.83 in the month ending Jan. 19 from 47.77 in the month ending Dec. 20, 2020,…

The Central Bank of Iran has provided $8.74 billion at the cheap foreign exchange rate of 42,000 rials per US dollar for importing essential goods since the beginning of the current Iranian year…

The number of jobs created by industries in the nine months to Dec. 20, 2020, increased by 29% compared with the corresponding period of the previous year, a deputy minister of industries,…

The Consumer Price Index for the housing sector of the Iranian capital city in the 12-month period ending Jan. 19, which marks the end of the 10th Iranian month, increased by 71.8% compared with…

A total of 1,029 kg of caviar worth $532,000 have been exported from the northern province of Mazandaran since the beginning of the current Iranian year (March 19, 2020).

A 40,000-ton vessel docked at Shahid Bahonar Port in Hormozgan Province’s Bandar Abbas.  “This is the first time the southern port has accommodated a vessel with such capacity,” the…

The Purchasing Managers' Index for the housing sector in the 10th month of the current Iranian year (Dec. 21, 2020-Jan. 19) settled at 58.33 from 60.67 in the preceding month (Nov. 21-Dec. 20,…

The northern wing of Plasco commercial tower, which includes 279 stores, was inaugurated on Feb. 3.  Tehran Governor Isa Farhadi noted that with the opening of Phase I of this building, a…

Iran’s spinning factories are operating at full capacity, as the capacity of cotton mills increased by 47,000-48,000 tons last fiscal year (March 2019-20), the director general of the Ministry…