Iran’s foreign trade, except for crude oil exports, stood at 13.17 million tons worth $8.95 billion in the current fiscal year’s ninth month (Nov. 22-Dec. 21) to register a 25% and 53% growth in…
Domestic Economy
Latest data released by the US Census Bureau show noticeable growth in Iran-US trade in November 2021. Iran’s exports to the US stood at $0.1 million in November, down 50% from last year’s…
Iran’s aluminum industry produced 400,481 tons of ingots during the current fiscal year’s first nine months (March 21-Dec. 21). According to the latest data released by the Iranian Mines and…
Iran, located geographically at the crossroads of East and West, has been making efforts for years to build up its rail connections to neighboring countries, or build new railroads to complete…
A total of 5.19 million tons of commodities were loaded from Khuzestan Province’s Imam Khomeini Special Economic Zone during the first nine months of the current Iranian year (March 21-Dec. 21…
The Agriculture Ministry devised plans in late 2015 to achieve 70% self-sufficiency in oilseed production in 10 years for controlling the import of oilseeds and vegetable oil. At the time…
New data on Purchasing Managers’ Index for Iran’s overall economy declines for the third consecutive month. The PMI, known by its Farsi acronym Shamekh, for Iran’s overall economy settled at 50…
IranAir will operate two new daily roundtrip flights to Najaf, Iraq. Flight No. 5319 will depart from Imam Khomeini International Airport for Najaf at 7:55 p.m. and arrive at Al-Najaf…
The CPI of the group stood at 472.7 in the month to Dec. 21, indicating a 2.1% rise compared with the previous month. The index, with a coefficient of 1.65%, registered a year-on-year…
A total of 325 million tons of oil and non-oil goods were loaded and unloaded in Bushehr Port during the current Iranian year’s first nine months (March 21-Dec. 21), registering a 23% rise…
Iran traded 41.16 million tons of goods worth $20.05 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s…
Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 8.9% in the third quarter of the current Iranian year (Sept. 23-Dec. 21), indicating a 0.5%…
The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a specialized business course and a workshop…
The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending Dec. 21 increased by 26.7% compared…
Most economic experts concur that the government’s distribution of cheap dollar was a telling example of public fund misuse both regarding 25 items that were to be imported with the subsidized…
The Joint Commission of the Iranian Parliament has passed the outlines of the upcoming fiscal year’s budget bill, giving its approval in principle to figures provided by the government of…
Two new shipments of Covid-19 vaccines arrived in Iran, bringing the total volume of imports to 152.51 million doses, Rouhollah Latifi, spokesman of the Islamic Republic of Iran Customs…
Iran traded 68.15 million tons of non-oil commodities worth $32.77 billion with the Organization of Islamic Cooperation’s member states during the current fiscal year’s first eight months (March…
National flag carrier IranAir has launched direct roundtrip flights between Mashhad, the capital of Khorasan Razavi Province, and the city of Lahore in Pakistan. Flights depart from Mashhad…
Iran’s handmade carper exports are expected to reach $50 million by the end of the current Iranian year (March 20, 2022), says Morteza Miri, a member of Handmade Carpet Manufacturers and…
The Iran Chamber of Cooperatives’ latest report on Purchasing Managers’ Index for the domestic construction industry reveals a contraction although it registered a slight uptick on a month-on-…
Iran and Turkey registered $4.29 billion in trade from the beginning of 2021 to the end of November to register a 75.95% growth compared with last year’s corresponding period. Iran exported…
The average goods and services Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending Dec. 21 increased by 55.7% compared with last year’s…
The Workers’ House has strongly warned against the government plan to abolish the subsidized import regime at the rate of 42,000 rials per dollar in a declaration. The plan is part of the…
The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in the country’s urban areas during the first quarter of the current fiscal year (March…