Shiraz International Airport launched its second weekly flights to Doha at the request of Fars Province’s residents as well as Iranians living in Qatar. The flights will be operated as of…
Domestic Economy
Iran has dramatically increased imports from Iraq.
The Producer Price Index for the “agronomy, horticulture and traditional husbandry” in the four-quarter period ended Dec. 21, which marks the end of the second quarter of the current fiscal year…
Mehrad Ebad, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture, has looked into the deeply embedded problem of cheating in a write-up for the chamber’s website. A…
Iran’s oilseed production currently stands at 430,000 tons per year while annual imports amount to 2.23 million tons, according to secretary of Iran Vegetable Oil Guild Association.
Iran’s exports of technical and engineering services stood at $1.8 billion during the current fiscal year’s first nine months (March 21-Dec. 21, 2021), $1.1 billion more than in last year’s…
The Producer Price Inflation for the services sector reached an all-time high in the autumn of the current fiscal year. The average Producer Price Inflation for the services sector in the…
Potato production in Iran has experienced a 30% decline in the current fiscal year that started on March 21, 2021. The decline in yield will cause problems in supplying the crop to the…
Long lines of trucks behind the Astara customs terminal, a border crossing between Iran and Azerbaijan Republic, have formed in recent days, most of which are carrying transit and export goods…
The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.
The National Iranian Tax Administration earned 2,510 trillion rials ($9.47 billion) in tax income during the first 10 months of the current fiscal year, according to its deputy head. “The…
Iran’s trade with the US stood at $40.6 million in 2021 to register a meager 1% growth compared with the year before. Latest data released by the US Census Bureau show Iran’s exports stood at $…
The Producer Price Index for the electricity sector during the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current fiscal year, increased by 30.6%…
Iran Chamber of Cooperatives’ latest report on Purchasing Managers’ Index for the construction sector indicates that it is experiencing contraction. The construction PMI in the current fiscal…
Twelve industrial groups have called for a temporary suspension of the initiative requiring the total production costs to be printed on goods and products in a letter to President Ebrahim Raisi…
Economy’s lost decade is a phrase we often hear these days. The 2010s saw Iran’s economy tailspin. These years will be remembered as the time of uncertainty about future, drastic decline…
Iran’s foreign trade, excluding crude oil exports, stood at 11.18 million tons worth $8.15 billion in the 10th month of the current fiscal year (Dec. 22-Jan. 20), registering a 19% year-on-year…
A trade delegation from the Iranian private sector, headed by Minister of Industries, Mining and Trade Reza Fatemi-Amin, arrived in Muscat, Oman, on Tuesday.
All business owners should have received three doses of Covid-19 vaccine to obtain a QR code, according to a new protocol announced by Iran Chamber of Guilds. Following the decision of the…
Saeed Sa’adatmand, a housing expert, has presented an overview of Iran’s real-estate market from both supply-demand sides in an article for the Persian economic daily Donya-e-Eqtesad. A…
The average Producer Price Index for the mining sector in the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current fiscal year, increased by 107.3%…
Brazil’s Minister of Agriculture, Livestock and Food Supply Tereza Cristina is scheduled to visit Iran later this month to discuss ways of boosting trade ties with the Islamic Republic.
The Purchasing Managers’ Index for Iranian industries in the current fiscal year’s 10th month (Dec. 22-Jan. 20) settled at 50.31 from 56.53 in the preceding month (Nov. 22-Dec. 21), indicating…
Iran Chamber of Guilds has issued a warning about poor compliance with Covid-19 health protocols in the runup to the new Iranian year (starting March 21). According to a statement, bakeries,…
Iran’s trade with 15 neighboring countries stood at 80.26 million tons worth $40.64 billion in the current fiscal year’s first 10 months (March 21-Jan. 20), according to the latest data released…