Iran has been struggling with double-digit inflation for more than four decades, during which economists have tried everything they knew to contain inflation, but to no avail.
Domestic Economy
Minerals and mining products accounted for 37% and 27% of the weight and value of Iran’s total exports in the fiscal 2021-22, according to the spokesman of the Islamic Republic of Iran Customs…
Exports from Bushehr Province reached 14.36 million tons worth $7.48 billion during the first half of the current Iranian year (March 21-Sept. 22), registering a 7% and 62% rise in weight and…
“Hotels and Restaurants”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered an annualized inflation of 69.8% in the…
Iran’s commercial ports handled 105.43 million tons of goods during the first six months of the current Iranian year (March 21-Sept. 22), registering a 6% rise compared with the similar period…
Iran's apparent steel use (ASU) in the first five months of the current fiscal year (March 21-Aug. 22) increased significantly compared with last year's corresponding period. ASU totaled 8.17…
Having a positive view of trade surplus stems from a misunderstanding of the concept of trade balance, which is based on the goal of balancing import and export. However, the idea that a…
Mild and severe economic fluctuations and business cycles of boom and bust are at the core of a free market economy based on private sector investment and entrepreneurship.
More than 196 tons of commodities worth $169 million were exported from Qom Province during the first half of the current Iranian year (March 21-Sept. 22), registering a 108% and 56% rise in…
A total of 23 million tons of goods were loaded and unloaded at Khuzestan Province’s Imam Khomeini Port during the first half of the current Iranian year (March 21-Sept. 22), according to a…
Iran’s trade with the member states of the Organization of Islamic Cooperation, excluding Iranian crude oil exports, reached 33.67 million tons worth $21.01 billion during the first five months…
“Education”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered an annualized inflation of 29% in the sixth month of the…
The annualized inflation of residential buildings in Tehran, the capital city, reached 30.3% in the sixth month of the current fiscal year (Aug. 23-Sept. 22), according to a new report released…
The Food and Agriculture Organization of the United Nations expects Iran’s total cereal production to increase by 13.5% in 2022 compared with last year to reach 20.3 million tons. The new…
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 2.97 million tons worth $1.63 billion during the first five months of the current fiscal year (March 21-Aug.…
The value of exports from Mazandaran Province stood at $140 million during the first six months of the current fiscal year (March 21-Aug. 22), registering a 20% rise compared with the previous…
“Home Appliances, Furniture and Maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation, registered an annualized inflation…
A total of 4.1 million tons of clinker were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), registering a 29% rise compared with the similar…
Cropping patterns will be observed on close to 60% of Iranian farmlands in the current Iranian year (started March 21), a deputy agriculture minister said.
A total of 6,033 homes were sold in Tehran during the sixth month of the current fiscal year (Aug. 23-Sept. 22), registering a 22.9% fall compared to the previous month and a 22.5% decrease…
The significant jump in home prices over the past three decades has increased the number of renters and the share of housing cost in total household expenses.
Iran will initiate mining operations in Afghanistan’s Ghor Province within a month, local officials were quoted as saying by Fars News Agency. An Iranian company has signed contracts to start…
Iran’s exports to Iraq reached 8.66 million tons worth $2.96 billion during the first five months of the current fiscal year (March 21-Aug. 22), registering a 28% and 8% decline in terms of…
“Tobacco”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation, registered an annualized inflation rate of 38.7% in the sixth month of…
A second transit train from Russia has arrived in Iran across the northeastern Sarakhs rail border, the head of the Islamic Republic of Iran Railways announced. “The train with 37 wagons is…
