Domestic Economy

The Iranian parliament has approved a proposal themed “Support for Industrial and Production Enterprises” that “bans the confiscation of property and deprivation of banking and social services…

Regulations permitting the amount and duration of pesticide use were ratified more than 50 years ago in Iran, yet it is still not being implemented, according to a deputy head of the Agriculture…

Iran’s geographical location on dry latitudes, its drastically changing climate, low precipitation levels (a third of global average), drought, high water consumption, diminishing water…

Intercity and intracity transportation services (both cargo and passenger) as well as international land, rail and sea transportation services will be exempt from value added tax, an official…

The Statistical Center of Iran has reviewed price changes of 53 food products during the month ending Dec. 21.   The biggest month-on-month price rise for a food item in urban areas was…

A total of $212.05 million worth of commodities weighing 2.09 million tons were exported from Mazandaran Province during the current Iranian year’s first nine months (March 21-Dec. 21), showing…

Bony fish output from Iran’s three northern provinces bordering the Caspian Sea amounted to 1,458 tons from the beginning of the current fishing season in mid-October until Dec. 21, marking an…

The growth in Consumer Price Index in the current Iranian year’s ninth month (Nov. 22-Dec. 21) was the highest (3%) for Hamedan Province compared with the previous month. According to data…

The fiscal 2022-23 budget bill, submitted to the Iranian Parliament on Dec. 12, had initially envisioned an increase in retirement age by two years amid mounting challenges troubling the Social…

The Statistical Center of Iran says GDP grew by 4.2% in the second quarter of the current fiscal year (June 22-Sept. 22). Without taking oil production into account, Q2 growth stood at 3.3%,…

A total of 1.2 million tons of goods have been exported from Sistan-Baluchestan Province’s border markets since the beginning of the current fiscal year (March 21), registering a 33% growth…

Iran and the 27 member states of the European Union traded €3.38 billion worth of goods from the beginning of 2021 till October end, registering a 5.27% growth compared with last year's…

The Iranian National Tax Administration’s earnings grew by 60% in the three quarters of the current fiscal year (March 21-Dec. 21) compared to the corresponding period of last fiscal year, says…

A total of 152.55 million tons of mineral products were extracted by the National Iranian Copper Industries Company in the first nine months of the current fiscal year (March 21-Dec. 21),…

Iran’s commercial exchanges with its leading trade partner, China, reached $13.13 billion from January 2021 till the end of November, registering a 3% decline compared with the corresponding…

Iranian steelmakers’ daily gas consumption is at 30 million cubic meters, which only account for 5% of the total 800 million cubic meters per day, according to the head of Iranian Steel…

The value added tax exemption for food and agricultural imports will be removed as of Jan. 3, 2022, but their supply in the domestic market will remain tax exempt just like their locally-…

The average goods and services Consumer Price Index of “food and beverages” in the 12-month period ending Dec. 21 increased by 58.3% compared with last year’s corresponding period — the highest…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.4% in the ninth Iranian month (Nov. 22-Dec. 21), indicating a 0.2 percentage point…

Iran’s foreign trade (excluding crude oil exports) stood at 122.5 million tons worth $72.1 billion in the first nine months of the current fiscal year (March 21-Dec. 21), registering an 11% and…

A total of 17,259 tons of tea worth 3.89 trillion ($17.26 million) were exported from Iran to 26 countries during the first eight months of the current Iranian year (March 21-Nov. 21), showing a…

A total of 72,920 industrial and mineral units were active in Iran as of the current fiscal year’s seventh month (Sept. 23-Oct. 22), which employed 2.59 million people, of which 1,911 units with…

A total of 18,778 flight took off from or landed at Kish International Airport during the current Iranian year’s first nine months (March 21-Dec. 21), registering a 43% growth compared with last…

The freight train traveling along the Islamabad-Tehran-Istanbul (ITI) corridor arrived in Iran on Monday, a week after it was sent off from Margallah Station in Islamabad.

Agrifood exports from Iran are on the decline, as imports rise significantly, latest data released by the Agriculture Ministry show. Iran exported 5.43 million tons of agricultural and food…