The export of cement chain products totaled 7.63 million tons worth $163 million over the first seven months of the current Iranian year (March 20-Oct. 21), showing a 24% and 11% decline in…
Domestic Economy
Imam Khomeini Airport City, located in southern Tehran, is expected to start operating air taxi services for the first time in the country’s capital city.
A total of 5.45 million tons of agricultural products worth $3.84 billion were exported from Iran during the first eight months of the current Iranian year (March 20-Nov. 20), showing a 27% and…
The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 21.8% compared with the…
Total tax earnings in the fiscal 2021-22 budget bill have been set at 2,515 trillion rials ($9.67 billion).
The Export Price Index, an indicator measuring the overall change in prices for goods and services sold abroad, (using the year ending March 2017 as a base year), stood at 850 in the second…
The Purchasing Managers’ Index for industries in the eighth month of the current fiscal year (Oct. 22-Nov. 20), settled at 47.63 from 52.22 in the preceding month (Sept. 22-Oct. 21), indicating…
Iran exported 61,147 tons of aluminum worth $101 million in the seven months to Oct. 21. According to data released by the Islamic Republic of Iran Customs Administration, the figures indicate…
A total of 166,533 tons of commodities worth $189 million were exported from Semnan Province to 45 countries during the first eight months of the current Iranian year (March 20-Nov. 20), showing…
A total of 20,429 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the Iranian month ending Nov.…
The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the overall economy settled at 45.70 in the month ending Nov. 20 from 44.47 in the month ending Oct. 21,…
Travel agencies suffered losses to the tune of 10 trillion rials ($38.5 million) in the first two months of the Covid-19 pandemic in Iran alone, of which 40% were due to the decline in domestic…
Minister of Industries, Mining and Trade Alireza Razm-Hosseini appointed Vajihollah Jafari to replace Khodadad Gharibpour as the chairman of Iranian Mines and Mining Industries Development and…
Real-estate development by individuals who don’t have the expertise needed in the field has reduced the industry to jerry-building, the managing director of Maskan Investment Group, the parent…
The decline in prices of homes located in districts one, two, three and six, which are affluent neighborhoods of Tehran, have been sharper than those in other districts of the capital city, says…
The average goods and services Consumer Price Index of “communications” in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 10% compared with the…
A total of 133,000 tons of fresh tea leaves have been harvested in Iran in the current fiscal year (started March 20, 2020), registering close to a 5% increase compared with last year, according…
The Purchasing Managers' Index for the housing sector in the eighth month of the current fiscal year (Oct. 22-Nov. 20) settled at 50.78 from 53.13 in the preceding month (Sept. 22-Oct. 21).…
Out of 533,752 businesses that registered at Kara.mcls.gov.ir and were introduced to the banks to receive government-backed coronavirus financial support, 365,841 businesses (70% of the total)…
Close to 4.5 million hectares have so far gone under wheat cultivation this year, more than 1.27 million hectares of which are irrigated and 3.21 million hectares are rain-fed, showing a 7.4%…
The Ministry of Roads and Urban Development plans to inaugurate seven rail projects stretching 1,443 kilometers across the country by the end of next Iranian year (March 2022).
The export of each ton of paint generates $2,200 on average, says an official with the Trade Promotion Organization of Iran, adding that the figure is five times higher than the average price of…
The government has envisioned a 15% rise in customs duties on the import of cosmetics as per the budget bill for the next fiscal year (March 2021-22).
The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 63.7% compared with…
Iran’s non-oil foreign trade reached $6.3 billion in the month ending Nov. 20 (the eighth month of the current fiscal year), according to Rouhollah Latifi, the spokesman of the Islamic Republic…