Domestic Economy

Iran’s non-oil foreign trade stood at 84.8 million tons worth $38.27 billion during the first seven months of the current fiscal year (March 20-Oct. 21).  The volume of trade in the…

A total of 90,000 tons of bananas were produced in Iran on 4,881 hectares in the last Iranian year (March 2019-20), the director general of Agriculture Ministry’s Tropical and Subtropical Fruits…

The prices of raw materials for making sweets and pastry have increased drastically, according to the head of Confectionery, Pastry and Café Pastry Storeowners Union.

A total of 3.52 million tons of finished and semi-finished steel products were exported from Iran during the first half of the current fiscal year (March 21-Sept. 21) to register a 30.1% year-on…

The Road Maintenance and Transportation Organization of Mazandaran will issue permits to Russian freight trucks to enter the province.  According to Abbas-Ali Najafi, director general of…

The average goods and services Consumer Price Index of "communications" in the 12-month period ending Oct. 21, which marks the end of the seventh Iranian month, increased by 8.1% compared with…

A total of 329,000 tons of commodities worth $183 million were exported from Mehran border crossing in the western Ilam Province during the first half of the current Iranian year (March 20-Sept…

Iran’s commercial exchanges with its top trading partner China stood at $11.18 billion during the first nine months of 2020 to register a 38.5% decline compared with the corresponding period of…

Iran produces 250,000 tons of Celestine annually, says Mohammad Saleh Jokar, the head of Majlis Mining Commission. "A considerable portion of the mineral is being sold without being processed.…

Some 30% of Iranian hotels have closed down since the outbreak of the coronavirus pandemic and the ones remaining open are offering special discounts of up to 70% on their services, according to…

The average goods and services Consumer Price Index of "tobacco", among 12 groups of the basket of consumer goods and services purchased by households, in the 12-month period ending Oct. 21,…

Over 8.7 million tons of essential goods have been offloaded at Imam Khomeini Port in the southern Khuzestan Province since the beginning of the current Iranian year (March 20). 

The general price index of construction materials for residential properties in Tehran stood at 698.8 in the second quarter of the current Iranian year (June 21-Sept. 21), according to the…

A total of 559 loans worth 32,312 billion rials ($115 million) were paid to industrial and mining units in the first half of the current fiscal year (March 20—Sept. 21). 

Workers' wages cover only 38% of their living costs in urban areas and 69% in rural areas. The gap between a worker's annual salary and the costs of living is 300 million rials ($1,075) in…

A total of 1.96 million household appliances were produced during the first half of the current Iranian year (March 20-Sept. 21) to register an increase of 52.8% over the same period of last…

The Ports and Maritime Organization is planning to build a new port on the east coast of the Strait of Hormuz, which will have a loading and unloading capacity of 150 million tons of commodities…

Low-income households living in rural areas bear the brunt of US sanctions while high-income families living in both urban and rural areas reaped the benefits of international sanctions’ removal…

Despite restrictions resulting from US sanctions, the Central Bank of Iran provided $6.214 billion in subsidized foreign currency to import essential goods over seven months ending Oct. 21.

The Iranian Parliament’s proposal for “supply of essential goods to households” was approved on Wednesday. 

IranAir’s scheduled flights to the UK, France, Austria, Germany and Italy are back to how they were before the outbreak of coronavirus, according to Hossein Jahani, director general of Public…

A total of 309 mining projects became operational during the first half of the current Iranian year (March 20-Sept. 21), registering a 7.7% growth compared with the same period of last year.…

Iran's exports to 27 European Union member states increased by 39.11% to around €55.7 million in August 2020, with a leap in the Netherlands' imports from Iran.  European states…

An online forum of Iranian and Ukrainian private sectors is scheduled to be held on Nov. 10 with the participation of members of Tehran and Kharkiv chambers of commerce.

Iran’s cotton production is estimated to reach 81,000 tons in the current fiscal year (started March 20), to register a 15.71% increase compared with last year, an Agriculture Ministry official…