A total of $500 million worth of goods were exported from Ardabil Province’s customs terminals during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), 146% higher than in the…
Domestic Economy
Flights between Tehran and Pretoria will be launched by Mahan Air in the third month of the upcoming fiscal year (May 22-June 21), IRNA reported, citing sources in the Iranian Embassy of the…
Iran’s exports to Iraq hit 28 million tons worth $8.22 billion in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 17% and 20% year-on-year growth in terms of…
Iranian censuses show that despite the increase in the number of home owners, the share of rental housing has increased twofold in as many decades. This significant growth can be partly…
The Consumer Price Index of “communications” stood at 186.2 for the month ending Feb. 19, indicating a 0.1% decline compared with the month before, registering the only monthly deflation among…
A new round of free trade agreement talks between Iran and the Eurasian Economic Union will be held in Tehran this week, according to the head of Trade Promotion Organization.
A new Plasco building was officially inaugurated on Friday by Parviz Fattah, the head of the Mostazafan Foundation of Islamic Revolution.
The Statistical Center of Iran’s newly released data show the economy grew by 5.1% in Q1-3 of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding…
The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, increased…
Minimum wages will rise by 57.4% in the new Iranian year (starting March 21), says Minister of Cooperatives, Labor and Social Welfare Hojjatollah Abdolmaleki.
The ban on imports of mining machinery has compelled Iran’s large mines to operate at 50% of their full capacity while the country’s small- and medium-sized mines are on the verge of closure,…
The first Tehran-Baku weekly flight after two years of hiatus departed from Imam Khomeini International Airport on March 7 for Heydar Aliyev International Airport, according to the latest…
Iran’s trade with the US stood at $4.9 million in January to register a 75% growth compared with the year before. Latest data released by the US Census Bureau show that Iran did not have any…
Mandatory pricing triggers impulsive demand in the market just like demand for cars in recent years, which is a kind of domestic sanctions on industries, the only winner of which are middlemen,…
A total of 27.61 million tons of essential goods worth $17.53 billion were imported during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), registering a 28% and 60% rise in…
The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending Feb. 19 increased by 26.9% compared…
One should not anticipate the country to register a dramatic economic growth next year (starting March 21) even if US sanctions against Iran are lifted, says Feryal Mostofi, a member of Tehran…
The new report on Purchasing Managers’ Index for Iranian industries shows the benchmark has distanced from the threshold, despite the uncertainty in business climate as nuclear talks in Vienna,…
Iran traded 81.83 million tons of goods (excluding crude oil exports) worth $41.63 billion with the Organization of Islamic Cooperation’s member states during the current fiscal year’s first 10…
As per the Iranian National Tax Administration’s data, the tobacco industry paid a total of 61 trillion rials ($230 million) in taxes over the 11 months ending Feb. 19, which accounts for 3% of…
About 11.3 million tons of foreign goods were transited through Iran during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), registering a 70% rise compared with the similar…
The average goods and services Consumer Price Index of “health and treatment”” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, grew by…
The Fourth Iran Non-Ferrous Metals Industries Market and Related Technologies Conference and Expo opened in Tehran’s Olympic Hotel on March 7.
According to the new “Population Youth Plan”, couples who have had their third child since Nov. 22 will be eligible to receive government incentives such as free residential land in new towns…
The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, grew by 36.8% compared…