The Producer Price Index for the industrial sector in the 12 months ending Dec. 21, 2017, which marks the end of fall, increased by 12.7% compared with the same period of last year, the…
Domestic Economy
Former minister of economic affairs and finance, Ali Tayyebnia, was awarded Singapore’s Lee Kuan Yew Foundation prize on Thursday.
Tayyebnia is the first Iranian recipient of this…
France will start offering euro-denominated credits to Iranian buyers of its goods later this year, a move to bolster trade while keeping it outside the reach of US sanctions, the head of state-…
For the first time in 25 years, about 10 kilograms of Iranian farmed caviar worth 600 million rials ($13,000) were exported to the United States in the last fiscal year (March 2016-17), an…
Minister of Economic Affairs and Finance Masoud Karbasian has expressed Iran’s readiness to host the 12th meeting of Azerbaijan-Iran Economic Commission.
“We are ready to hold the…
Iran is having a strong presence in the First International Industry, Innovation and High-Tech Exhibition that opened in Ashgabat, capital of Turkmenistan, on Wednesday.
At the end of the current fiscal year’s seventh month (Sept. 23-Oct. 22), the balance of monetary base rose by 18.3% from a year earlier and by 9.2% from the year’s beginning.
Trade between Iran and Sweden stood at €409 million during the 11 months to Nov. 30, 2017, registering an 86% hike compared with the similar period of last year, based on the latest Eurostat…
Iranian lawmakers approved the revised outlines of the budget for the next fiscal year (March 2018-19) on Wednesday, clearing the way for its detailed sectoral voting in the weeks ahead.
…The Iranian steel industry has survived the 2015-16 valley of death and is now reaping the benefits of an improving global market condition.
Its aggressive expansion is also moving ahead…
There is little doubt that the Iranian economy rebounded after the Joint Comprehensive Plan of Action, but did poverty and the living standards of ordinary Iranians also improve with this…
Iran exported more than €114 million worth of commodities to Austria during the 11 months to Nov. 30, 2017, indicating a 120% hike compared with the corresponding period of last year. Imports…
A total of 1.26 million tons of goods worth $1 billion were exported from East Azarbaijan Province during the 10 months to Jan. 20, an official with the province’s customs administration said.…
The First International Power Generation and Turbo Machinery Exhibition and Conference, also known as IPGTEC 2018, is scheduled to be held in Tehran International Fairground from March 2 to 5.…
Director General of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the Ministry of Agriculture Gholamreza Taqavi expects Iran’s mushroom production to reach 150,000 tons this…
The cold spell sweeping parts of Iran in recent days has not affected the orchards of the northern provinces of Mazandaran and Gilan, the chairman of Tehran Fruit and Vegetable Sellers Union…
The Subsidy Reform Plan and the pricing of energy carriers topped the agenda of Majlis Joint Commission in its sessions to revise the rejected budget bill for the next fiscal (March 2018-19) on…
Iran and Finland traded more than €106 million worth of goods during the 11 months to Nov. 30, 2017, to register a 60% hike in bilateral exchanges compared with the corresponding period of last…
The point-to-point consumer price inflation rate reached 8.4% in the seventh month of the ongoing fiscal year (Sept. 23-Oct. 22) following its downward trend from the beginning of summer, but…
The Majlis on Sunday disapproved the outlines of the proposed budget for the upcoming fiscal year (March 2018-19).
A total of 120 lawmakers voted against while 83 were in favor of…
According to data released by the Central Bank of Iran’ on food prices, a carton of 30 eggs cost 126,000-160,000 rials ($2.7-3.5) during the week to January 19 – up 35.8% compared to the same…
Average Producer Price Index in the 12 months ending January 20, which marks the end of the 10th Iranian calendar month (Dey), increased by 9.9% compared with the same period last year,…
Iran exported $843 million worth of livestock and poultry products during the nine months to December 2017 -- an increase of over 30% compared to the same period last year, said the deputy…
Iranians give an average of 3 trillion rials ($66.6 million) in charity donations to the Imam Khomeini Relief Committee annually, says deputy head of the state charity, Amir Mansour Borqe’ie.…
The 25th Forum of Iran’s Marine Organizations is scheduled for Jan. 30-31 in the southeastern port city of Chabahar, according to Ali Akbar Marzban, an official with the Ports and Maritime…