Domestic Economy

The selloff which brought down stocks on the Tehran Stock Exchange on Monday gave way to a buying spree on Tuesday.  The main TSE gauge climbed 1.5% amid positive news about the monthly…

The Producer Price Index for industrial-scale livestock farms (using 2011 as the base year) stood at 371.18 in the last Iranian year (March 2018-19), indicating a 52.48% increase compared with…

Export Price Index, using the year ending March 2012 as a base year and in rial terms, stood at 292.2 in the last fiscal year (March 2018-19), registering a 61.1% increase compared with the year…

The share of Iran's commodity exports from total merchandise exports has declined from 87% in 1995 to 73% in 2017, according to the United Nations Conference on Trade and Development's 2019…

Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value…

Iran traded 3.66 million tons of non-oil commodities worth $1.84 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register a 12.75%…

Imam Khomeini International Airport is set to conduct domestic flights after the inauguration of its new terminal, Salaam. "Passengers will have more options to choose from once some of the…

More than 2.42 quadrillion rials ($16.54 billion) worth of investments are expected to be made in industrial units for which establishment permits were issued, while investments worth 510.72…

The Producer Price Index for industrial chicken farms (using 2011 as the base year) stood at 409.86 in the last Iranian year (March 2018-19), indicating a 50.23% increase compared with the year…

Iran exported 49,578 tons of non-oil commodities worth $12.77 million to Nepal in the last fiscal year (ended March 20, 2019) to register a 2,236.25% and 3,114.84% hike in tonnage and value…

Iran became a permanent member of the Council for Rail Transport of the Commonwealth of Independent States during the council’s 70th meeting held in the Finnish capital, Helsinki, on May 14-15…

Iran traded 1.1 million tons of non-oil commodities worth $816.76 million with Latin American countries in the last fiscal year (ended March 20, 2019) to register a 22.28% and 29.88% decline in…

Despite sanctions and limitations on international money transfer, Iran will import 1.1 million tons of raw vegetable oil, including those from soybean, sunflowers, palm and sesame, in the…

Iran traded 13,798 tons of non-oil commodities worth $26.7 million with Belarus in the last Iranian year (ended March 20, 2019) to register a 39.7% and 20.89% decline in tonnage and value…

Iran traded 71.15 million tons of non-oil commodities worth $36.38 billion with the Organization of Islamic Cooperation’s member states in the last Iranian year (ended March 20, 2019) to…

Iran's trade of mineral products recorded $323.33 million in surplus during the first month of the current fiscal year (March 21-April 20). The country exported 4.34 million tons of mineral…

Two days after the visit of Iranian Foreign Minister Mohammed Javad Zarif, India held the 11th Consular Committee Meeting with Iran on Thursday to ease visa and legal issues for boosting…

The import of 1,339 commodities was banned last year and plans are to add more to the list. "The number of items in the import ban list will reach 1,530 in the current Iranian year (March 2019-…

A meeting between Syrian economic officials and an Iranian delegation was held in Damascus on Wednesday to discuss economic cooperation between the two countries.

Iran traded 44,668 tons of non-oil commodities worth $79 million with Lebanon during the last fiscal year (ended March 20, 2019) to register a 122.44% growth in tonnage and 38.23% decline in…

Iran traded 1.25 million tons of non-oil commodities worth $1.11 billion with the Americas in the last fiscal year (ended March 20, 2019) to register a 17.49% and 31.41% decline in tonnage and…

Rationing of essential goods is a less corruption-inducing approach in the current economic situation facing Iran, says Mostafa Hashemitaba, a veteran politician who served as industries…

Iran traded 197,406 tons of non-oil commodities worth $113 million with Ukraine in the last Iranian year (ended March 20, 2019) to register a 25.42% and 41.64% decline in tonnage and value…

Iran imported 26.7 million tons of intermediate goods worth $27.4 billion in the last Iranian year that ended on March 20, 2019, according to the latest report of the Islamic Republic of Iran…

Iran traded 2.17 million tons of non-oil commodities worth $776.04 million with the member states of African states in the last Iranian year (ended March 20, 2019) to register a 21.93% and 26.26…