The International Monetary Fund expects the unemployment rate in Iran to exceed 10% in 2022 and the following year. In its latest World Economic Outlook report titled “War Sets Back Global…
Domestic Economy
The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending April 20, which marks the last day of the first month of the fiscal 2022-23, increased…
Iran’s foreign trade, excluding crude oil exports, hit 41.52 million tons worth $29.55 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 14% and 37% year-…
Governments in Iran always intensify supervisory activities in an attempt to control inflation whereas inflation will remain in place as long as the factors causing it continue to exist, Vahid…
The average Consumer Price Index for rent levels of residential homes in urban areas of Iran during the four-quarter period to March 20, which marks the end of winter, increased by 26.9%…
The unexpected announcement of a fivefold increase in the price of flour used by food factories has led to their procrastination in purchasing raw materials. They are expected to suspend…
Iran’s trade with China hit 8.88 million tons worth $8.46 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 24% and 55% year-on-year growth in weight and…
A total of 194,000 tons of different kinds of pulses were imported in the last Iranian year (March 2021-22), registering a 125% rise compared with the previous year, according to the secretary…
Iranian entrepreneurs are ensnared by government red tape far more than their counterparts in the neighboring countries, says Ali Naqib, the head of the Association of Tehran Province…
Exports from Kermanshah Province hit $2.7 billion in the fiscal 2021-22 (ended March 20), registering a 15% growth compared with the previous year, according to a local official. “The province’…
Iran traded 1.73 million tons of non-oil goods worth $1.25 billion with Latin American countries in the fiscal 2021-22, latest data released by the Islamic Republic of Iran Customs…
As per the proposal of the Ministry of Roads and Urban Development, the Market Regulation Headquarters and the Consumers and Producers Protection Organization have agreed to increase…
Domestic passenger traffic in Iranian airports registered a year-on-year growth of 24% in the fiscal 2021-22 (ended March 20), as 28.03 million passengers were flown internally by Iranian…
Iran exported a record high of 12,500 tons of farmed shrimp valued at $54 million during the 11 months of the last Iranian year (started March 21, 2015), an official with the Iran Fisheries…
Almost all economists, private sector players and the government believe stability in the Iranian economy can improve the economic situation.
Lack of confidence in Iran’s business environment will persist in the fiscal 2022-23 as the easing of Covid-19 restrictions and sanctions remains the only hope of economic players, the latest…
Exports from Khuzestan Province’s customs terminals hit 17.35 million tons worth $6.77 billion in the fiscal 2021-22, registering a 75% and 12% year-on-year growth in weight and value…
A total of 205.34 million tons of goods were loaded and unloaded in Iran’s 22 commercial ports in the last Iranian year (March 2021-22), registering a 14% rise compared with the year before.
The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.6% in the last month of the first Iranian month (March 21-April 20), unchanged from…
The ceiling on housing construction loans for professional real-estate developers in Tehran and 11 other cities increased by 30% to reach 6 billion rials ($21,428). According to Mahmoud…
The number of monthly home sales in Tehran have reached an 11-month low amid ever-rising prices, the Central Bank of Iran announced.
Only a month into the new Iranian year, the consequences of the government’s economic plans are becoming evident for manufacturers and industrial enterprises with the rise in prices of goods and…
A new round of negotiations between Iran and the Eurasian Economic Union regarding their preferential trade agreement was held in Moscow on April 27-28. According to the adviser on…
A total of 115,557 tons worth $696.04 million of pistachio were exported from Iran to 75 countries in the fiscal 2021-22 (ended March 20), registering a 33% decline in both weight and value…
The average goods and services Consumer Price Index of “health and treatment” in the 12-month period ending April 20, which marks the last day of the first fiscal month, increased by 37.4%…
