New data released on the Purchasing Managers' Index for Iran’s overall economy show the benchmark has hit a record high.
Domestic Economy
A new report released by World Bank expects Iran’s economy to grow 3.7% in 2022.
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 558,656 million tons worth $220.65 million in the first month of the current fiscal year (March 21-April 20…
The number of monthly home sales in Tehran has reached a 21-month high, the Central Bank of Iran’s new report on the capital’s real-estate market shows.
Trade with Russia stood at 930,400 tons worth $382.8 million during the two months to May 21, according to the spokesman of the Islamic Republic of Iran Customs Administration. Imports hit 758,…
The Producer Price Index in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of the previous Iranian year, grew by 54.3% compared with the corresponding…
Ten new weekly flights have been added between Iran and Turkey, according to the spokesman of the Civil Aviation Organization of Iran. “The number of flights has increased to 110 per week from…
The average goods and services Consumer Price Index of “education” in the 12 months to May 21, which marks the end of the second month of the current Iranian year, increased by 25.7% compared…
A total of 763,000 tons of wheat worth $306 million were imported into Iran during the first month of the current Iranian year (March 21-April 20), registering a 120% and 197% rise in tonnage…
The Statistical Center of Iran’s latest report reviewing inflation rates in the country’s 31 provinces shows the growth in Consumer Price Index in the current Iranian year’s second month (April…
Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 10.2% in the fiscal 2021-22, up 0.7% year-on-year and was higher…
Duties on exports of minerals, petrochemicals and agricultural products have been abolished, Director General of Export Department of the Islamic Republic of Iran Customs Administration Ali…
Iranian mines and mineral industries exported $866.2 million worth of products in the first month of the current fiscal year (March 21-April 20), registering a 16% year-on-year growth, according…
Heading a trade and marketing delegation, Iran’s Energy Minister Ali Akbar Mehrabian is in Doha to co-chair the 8th Iran-Qatar Economic Commission. Accompanying Mehrabian are President of Iran…
The average goods and services Consumer Price Index of “clothing and shoes” in the 12 months ending May 21, which marks the end of the second month of the current Iranian year, increased by 49.7…
Non-oil exports from the northern Golestan Province reached a total of 64,460 tons worth $37.4 million in the current Iranian year’s first two months (March 21-May 21), showing a 31% and 71%…
Trade between Iran and the Economic Cooperation Organization’s 11 member states reached 1.06 million tons worth $1.01 billion in the current fiscal year’s first month (March 21-April 20), data…
The Statistical Center of Iran has put labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking for a job —…
A Kazakh trade delegation is expected to visit the Iranian capital, Tehran, in late June, concurrent with the upcoming visit of Kazakhstan’s President Kassym-Jomart Tokayev to Iran, according to…
Iran’s trade, excluding crude oil exports, during the first two months of the current fiscal year (March 21-May 21) stood at 22,196 tons worth $16.63 billion, according to the latest statistics…
Economics is a stranger in Iran. As a science, it is a source of dispute between those who don’t see economics as a field of science and analyze economic problems through an ideological…
About $4.5 billion worth of textile products were smuggled into Iran in the last fiscal year (March 2021-22), according to Abbas Sarshar, a board member of Iran’s Textile Industry Union. “The…
The average goods and services Consumer Price Index of “leisure and culture” in the 12 months to May 21 increased by 35.3% compared with the corresponding period of the year before, latest data…
Price is perhaps the key economic variable that indicates the scarcity of resources. Any manipulation, under any name and excuse, of this variable gives a false signal to economic players on the…
The share of Iran Fisheries Organization in Agriculture Ministry’s subsidized inputs was not more than 1-2% per month yet it was a great help to fish feed producers and also gave the bargaining…
