Domestic Economy

The Producer Price Index for the “agronomy, horticulture and traditional husbandry” group in the year to March 20, 2019, which marks the end of last Iranian year, increased by 47.8% compared…

A total of 501,000 tons of finished and semi-finished steel products were exported from Iran during the first Iranian month (March 21-April 20) to register an 18.4% year-on-year decline,…

Iran traded 303,613 tons of non-oil commodities worth $108.77 million with the five member states of Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, in the…

The output of Iran's major aluminum producers stood at an aggregate of 20,415 tons during the first Iranian month (March 21-April 20), which indicates a 33% decrease compared to last year's same…

A total of 147,000 tons of non-oil goods worth $182 million were exported from East Azarbaijan Province during the first Iranian month (March 21-April 20), registering a 20% and 82% growth in…

Iranian steel mills produced a total of 8.38 million tons of crude steel during the first four months of 2019, up 6% compared with the corresponding period of 2018, the latest report released by…

Iran’s imports during the first month of the current Iranian year that ended on April 20 stood at $2.3 billion. 

The average annual inflation gap measured by the Statistical Center of Iran among income deciles increased by 0.1% to reach 2.9% in the second Iranian month (April 21-May 21) compared with the…

Iran traded 1.36 million tons of non-oil commodities worth $779.38 million with member states of Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan…

Iran traded 327,555 tons of non-oil commodities worth $129 million with Caspian Sea littoral states during the first Iranian month (March 21-April 20) to register a 7.71% rise in tonnage and a…

A new shipping route between the seaport of Kandla in western India and Iran's southern Qeshm Island has been officially established with the arrival of a cargo ship named Neshat in Qeshm.

Close to 74.3 trillion rials ($526 million) worth of smuggled goods were confiscated in the last Iranian year (March 2018-19), which shows a 73.1% surge in the value of seizures compared with…

Iran traded 1,188 tons of non-oil commodities worth $6.65 million with Zimbabwe in the last fiscal year that ended March 20, 2019, to register a 41.53% and 1.97% decline in tonnage and value…

Major Iranian copper producers produced an aggregate of 102,163 tons of copper concentrate in the first Iranian month (March 21-April 20) to register a decrease of 5% compared with last year’s…

The Ministry of Industries, Mining and Trade has banned the import of cat and dog food.  “Trade Promotion Organization of Iran has not accepted any import orders for cat and dog food,…

Major Iranian steelmakers exported a total of 437,090 tons of steel in the first Iranian month (March 21-April 20) to register a year-on-year increase of 25%, latest data released by the Iranian…

Yazd Province in central Iran has launched the farming project of Murciano-Granadina goats, after importing 1,200 of this breed of dairy goats from Spain on May 21.

Iran traded 3,158 tons of non-oil commodities worth $5.86 million with Mexico in the last fiscal year that ended on March 20, 2019, registering a 97.97% and 83.84% decline in tonnage and value…

The consumer inflation registered a year-on-year increase of 52.1% in the second Iranian month (ended May 21) compared with the similar month of last year, the Statistical Center of Iran…

A total of 4.01 million tons of iron ore concentrate were produced in Iran during the first Iranian month (March 21-April 20) to register a 1% decline compared with the same month of the year…

Iran recorded $292.91 million in non-oil trade surplus with Persian Gulf littoral states, namely the UAE, Iraq, Kuwait, Qatar, Bahrain and Saudi Arabia, during the first month of the current…

Rural communities accounted for 25% of all new jobs created in Iran in the last fiscal year (March 2018-19).  According to Deputy Minister of Cooperatives, Labor and Social Welfare Isa…

Iran Air unveiled its overhauled 25-year-old Fokker 100 on Wednesday.  The aircraft had been grounded for over two years for lack of landing gear and engine, an official with Iran’s flag…

The government will allocate subsidized foreign currency at the rate of 42,000 rials per dollar for the import of 80,000 tons of copy and print paper in the current Iranian year (March 2019-20…

Iran traded 726,663 tons of non-oil commodities worth $543.62 million with the European Union member countries during the first month of the current fiscal year (March 21-April 20), to register…