Domestic Economy

Iran exports 20 tons of mushrooms daily, according to the chairman of the board of the Union of Mushroom Producers, Mohammad Hassan Afshar. “Iraq and Persian Gulf littoral states are the main…

A total of 2,800 inactive industrial units have been revived since the beginning of the last Iranian year (March 2018) to date, according to Deputy Minister of Industries, Mining and Trade…

The average number of working hours in Iran per week has decreased from 44:18’ in the year ending March 2014 to 43 hours last year (March 2018-19). 

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 2% in the eighth Iranian month (Oct. 23-Nov. 21), indicating a 0.2 percentage point…

With the aim of regulating the domestic market, the Ministry of Industries, Mining and Trade will enforce duties on tomato export as of Dec. 22, announced the director general of the ministry’s…

Iran’s trade with Turkey totaled $5.01 billion during the first 10 months of 2019 to register a decrease of 39.24% compared with the corresponding period of 2018, data released by Turkish…

Iranian steel mills produced a total of 21.51 million tons of crude steel during the first 10 months of  2019 (January to October), which indicates a 6.2% rise compared with the…

The 132-kilometer-long Mianeh-Bostanabad railroad was inaugurated by President Hassan Rouhani in Tabriz, the capital of East Azarbaijan Province on Wednesday. The railroad is part of the longer…

The prices of 52% of 100 high-demand consumer goods have registered an increase of 1-4% in the past nine days, Industries Minister Reza Rahmani said on Tuesday.

Why does tax-to-GDP ratio in France or Denmark stand at 46% while it’s below 10% in Iran? How come the Swedes give half their incomes to the government but in Iran many leave no stone unturned…

Despite the 25% customs duty imposed on the export of iron ore, the export of raw materials used in steelmaking is continuing and the duties have not discouraged exporters at all, the managing…

Iran and Armenia discussed the possibility of establishing a special-purpose vehicle for conducting trade between the two neighboring countries. The issues were discussed at a meeting that…

Underprivileged provinces will receive bigger shares from the government’s fresh cash subsidy as compensation for the recent hike in gasoline prices, known as the Livelihood Assistance Program.…

Small and medium-sized enterprises based in industrial parks across the country exported an estimated $1.5 billion worth of products from the beginning of the current Iranian fiscal year (…

Iran had over 16,000 hectares of greenhouses as of October, which indicates a 200% rise compared with the 8,008 hectares when President Hassan Rouhani first took office in August 2013, according…

Since the government got the ball rolling on gasoline price reform on Nov. 15, by rationing and raising the price of fuel by at least 50%, officials such as Oil Minister Bijan Namdar Zanganeh…

Eighty-five percent of Iran's tax revenues come from only 3% of taxpayers, according to the head of Majlis Economic Commission, Eliyas Hazrati. He made the remarks on Wednesday in an address to…

Tehran will host Chairman of the Board of Eurasian Economic Commission Tigran Sargsyan and other top officials from the union on Dec. 1. The visiting delegation will discuss the preferential…

Tehran City Council ratified a preliminary plan based on which Tehran Municipality will be obliged to offer shares of its subsidiary companies on the stock market.  The direct listing plan…

Iran's box office earnings during the first eight months of the current Iranian year (March 21-Nov. 21) stood at 2.16 trillion rials ($18.28 million) to register an increase of 354.73 billion…

East Azarbaijan Province exported agricultural products worth $220 million during the seven months of the current Iranian year (March 21-Oct. 22) to register a 48% growth compared with last year…

The highest monthly growth in the Consumer Price Index among 12 groups of consumer goods and services purchased by households in the Iranian month ending Nov. 21 was recorded for “transportation…

Iran’s trade with Azerbaijan totaled $422.68 million during January-October 2019 to register a 30.7% growth compared with the corresponding period of 2018. Iran’s exports to Azerbaijan stood at…

Senior economic analyst Saeed Laylaz says there is no scientific evidence that the rise in gasoline prices would definitely have an inflationary impact.

Iranian miners paid a total of 8.65 trillion rials ($70.95 million) in mining royalties to the government during the first half of the current Iranian year (March 21-Sept. 22).  The volume…