The health ministries of Russia and Iran have signed a memorandum of understanding to cooperate in the exchange of medical products and familiarize Russian and Iranian manufacturers with their…
Domestic Economy
As part of the two-day visit to Iran by Kazakh Deputy Premier and Trade and Integration Minister Serik Zhumangarin on Oct. 31-Nov. 1, the two countries signed a memorandum of understanding to…
Iran exported 3.36 million tons of agricultural and food products worth $1.85 billion in the first six months of the current fiscal year (March 21-Sept. 22), new data released by the Agriculture…
“Food and beverages”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 59% in the sixth month of the current…
The 22nd Shanghai Cooperation Organization Summit in the Uzbekistan city of Samarkand this past September turned out to be a boon for Iran’s regional policy.
Tehran Stock Exchange-listed mining companies earned 3.75 quadrillion rials ($11 billion) in sales during the first seven months of the current Iranian year (March 21-Oct. 22), registering a 17…
Around 220 trillion rials ($656 million) are needed to complete the construction of Rasht-Astara railroad, says the CEO of the Construction and Development of Transportation Infrastructures…
“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation of 36.2% in the…
Mobarakeh Steel Company, Iran’s biggest steelmaker, produced 5.21 million tons of semi-finished products during the current Iranian year’s first six months (March 21-Sept. 22), to register an 18…
Government officials began to enforce measures to control the ever-rising housing rents in early 2020 by capping an increase for three years in a row.
Data released by the Central Bank of Iran and the Statistical Center of Iran confirm that the housing market in the capital city Tehran is falling deeper into a slump.
Shahid Rajaee Port in Hormozgan Province handled 38 million tons of goods during the first half of the current Iranian year (March 21-Sept. 22), according to a local official.
“Housing and utilities (water, electricity, natural gas and other fuels)”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate,…
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding oil exports, reached 39.07 million tons worth over $24.75 billion in the first six months of the current…
Researchers at the Institute for World Economy IfW Kiel and DIW Berlin have analyzed the economic impact of jointly implementing punitive measures in the context of the 2012 Iran…
The Iranian National Tax Administration earned 2,310 trillion rials ($7 billion) in tax revenues during the first half of the current fiscal year (March 21-Sept. 22), says Davoud Manzour, the…
The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 7.9% in the seventh month of the current Iranian year (Sept. 23-Oct. 22), up 0.1…
“Furniture, home appliances and their maintenance”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 34.2…
To assess the performance of a government, it is necessary to refer to statistics published by official institutions. Of all economic statistics, government spending, financing methods…
The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Kohgilouyeh-Boyerahmad registered the highest average annual inflation with 48.2% while Khuzestan posted the…
Real-estate developers and private sector players have to spend six months to a year to secure a construction permit, Farshid Pourhajat, secretary of Mass Builders Association, said in a write-…
Russia has invited Azerbaijan and Iran to create a logistical operator for the western route of the International North-South Transportation Corridor, Russian First Deputy Prime Minister Andrei…
Iran’s foreign trade (excluding crude oil exports) reached 81.03 million tons worth $60.13 billion during the current fiscal year’s first seven months (March 21-Oct. 22), registering a 17.6%…
A total of $235 million worth of goods were exported from Aras Free Trade Zone during the first half of the current Iranian year (March 21-Sept. 22), according to its CEO.
Iran’s trade with its leading trade partner, China, reached $12.31 billion during the first nine months of 2022, registering an 18% rise compared with the corresponding period of the year before…