Domestic Economy
July 21, 2023 19:47
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March 01,2023Inflation rose to unprecedented levels with the imposition of sanctions on Iran’s oil sales in the early 2010s but it slowed down with the election of former president, Hassan Rouhani, to less than... -
March 01,2023New flights between the city of Tabriz, located in northwest Iran, and Najaf in Iraq have been scheduled by Caspian Airlines, according to the director general of East Azarbaijan Airports...
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March 01,2023Fluctuations in the value of foreign exchange rates [against rial] have once again unsettled economic players, leading some economists to warn against the dollarization of Iran’s economy. The...
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March 01,2023“Food and beverages”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 68% in the 11th month of the current...
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March 01,2023A total of $327 million worth of pistachio were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the Agriculture Ministry. Official...
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March 01,2023Iranian steelmakers’ production of semi-finished and finished steel products each registered 11% growth during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), the latest...
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March 01,2023Iran has discovered its first lithium reserve in Hamedan Province, according to Ebrahim Ali Molla-Beigi, director general of the Exploration Affairs Office of the Ministry of Industries, Mining and...
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March 01,2023Iran’s economy has transitioned from one administration to another and all of them attempted to control the foreign exchange rates against the rial using trial and error in policymaking. Almost...
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March 01,2023“Hotels and Restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 76...
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March 01,2023Armenia’s Minister of Territorial Administration and Infrastructures Gnel Sanosyan held a meeting with an Iranian delegation led by Cooperatives, Labor and Social Welfare Minister Solat Mortazavi.
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March 01,2023Fifteen neighboring countries accounted for 93% and 81.5% of the weight and value of Iran’s agricultural, fisheries, livestock and food exports during the first 10 months of the current Iranian...
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March 01,2023Iran and Turkey traded $411.3 million worth of goods in the first month of 2023 to register a 5% year-on-year decline, latest data released by the Turkish Statistical Institute show. Iran’s...
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March 01,2023A lingering problem in Iran’s economy since a decade before the Islamic Revolution of 1979, inflation has been fueled by demand pressure, devaluation of the rial, inefficient management of...
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February 27,2023Iran and Zimbabwe have signed a memorandum of understanding in the fields of pharmaceutical, medical equipment, medical education and health systems management which is expected to boost bilateral...
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February 27,2023Iran traded around 150 million tons of goods worth $102 billion (excluding crude oil exports) during the first 11 months of the current fiscal year (March 21, 2022-Feb. 19), according to the...
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February 27,2023Iran’s exports to Lebanon stood at $112 million in 2022, registering the highest volume in the past 20 years.
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February 27,2023The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Khuzestan posted the lowest average annual inflation with 42.7% while West Azarbaijan registered the highest with...
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February 27,2023Reducing environmental pollution has turned into one of the main concerns of human beings. Air quality in cities depends on weather conditions and the level of emission of pollutants. The growth...
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February 27,2023Iranian President Ebrahim Raisi visited China from Feb. 14-16.
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February 27,2023Apparent steel use in Iran has increased during the first 10 months of the current Iranian year (March 21, 2022- Jan. 20) compared with last year's corresponding period, latest data released by the...
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February 26,2023Double-digit inflation rates, either those hovering around 18-20% in the years prior to the fiscal 2018-19, or 40-50% in subsequent years, are triggered by the government’s insistence on fulfilling...
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February 26,2023Vice President of Zimbabwe Constantino Chiwenga is in the Iranian capital Tehran for bilateral engagements, as the African country continues to look for ways to further strengthen its...
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February 26,2023A total of 334,637 tons of goods worth $206.51 million were exported from Golestan Province during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), registering a 9% fall in...
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February 26,2023Iran traded 50.08 million tons of goods (excluding crude oil exports) worth $29.22 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia...
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February 26,2023The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 9.8% in the 11th month of the current Iranian year (Jan. 21-Feb. 19), up 0.2 percentage...
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