The government aims to increase the country’s nominal port throughput capacity to 285 million tons per annum by the end of its tenure in August, according to a recent Ports and Maritime…
Domestic Economy
Iran exported 43,713 tons of dairy products worth $29.5 million in the first month of the current fiscal year (March 21-April 20).
A new report released by the Ministry of Cooperatives, Labor and Social Welfare shows inter- and intra-provincial migrations as well as migrations from abroad stood at 636,000 in the fiscal 2019…
The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy settled at 53.84 in the month ending May 21 from 39.65 in the month ending April 20, indicating a…
The Ministry of Industries, Mining and Trade's review of the last Iranian year (March 2020-21) shows the output of 19 industrial products (out of 29 under review) registered growth during the 12…
The Plan and Budget Organization has allocated 400 billion rials ($1.66 million) to the Football Federation of Iran to support the national football team’s bid for attending FIFA World Cup…
The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food commodities during the month ending May 21. The biggest month-on-month price rise for a…
Seventy-five percent of businesses that applied for the government’s relief package for enterprises hurt by the coronavirus have received their loans, Hossein Mahmoudi, an official with the…
Economic experts believe that as the prices of houses, cars, or other assets rise only in line with inflation, there is no real increase in wealth. “Under inflationary conditions,…
Healthcare expenditure’s share in the general budget increased from 10% in the Iranian year ending March 2014 to 17% in the year ending March 2021. Per capita health spending in the…
The Ministry of Industries, Mining and Trade's review of last Iranian year (March 2020-21) shows 10 mineral products (out of 12) registered growth in output compared to the year before. A total…
As the seven certified candidates are heading for the June 18 presidential election, Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, draws their…
A total of 16,529 import orders were registered with the Industries, Mining and Trade Organization of Tehran Province in the first two months of the current fiscal year (March 21-May 21), of…
A total of 9.68 million tons of DRI, also known as sponge iron, were produced in Iran during the first four months of 2021 to register a 3.3% growth compared with the corresponding period of…
The average goods and services Consumer Price Index of “hotels and restaurants” in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased…
A total of 58.7 billion cigarettes were produced in Iran in the last Iranian year (March 2020-21), registering a 7.1% growth compared with the year before. Cigarette exports stood at 357…
With a total of 1.21 quadrillion rials ($5.06 billion), Khuzestan Province accounted for the highest volume of investments in industries with establishment permits and operating licenses issued…
Iranians purchased 2,156 housing units in Turkey during the first four months of 2021 to remain on top of the list of foreign buyers of property in Turkey.
Close to 645,000 tons of semi- and wholly-milled rice worth nearly 9.55 trillion rials ($250 million) were imported into Iran during the first four months of the current fiscal year (March 21-…
The Council of Ministers has given the go-ahead for the import of 120,000 tons of chicken at the exchange rate of 42,000 rials per dollar. The decision, which came after a significant rise in…
The Statistical Center of Iran has put the country’s labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking…
Iran Post Company has added 400 pickup trucks and 40 trucks to its fleet. Alireza Zargoush, a member of the board at Iran Post Company, told IRNA that the addition of vehicles has…
Iranian aluminum industry produced 42,480 tons of ingots during the first month of the current fiscal year (ended April 20). According to the latest report released by the Iranian Mines and…
The first phase of a grain silo construction project in the northern Amirabad Port with a storage capacity of 25,000 tons has come on stream, which increased the port’s total capacity to 260,000…
Iran exported 1.06 million tons of agricultural and food products worth $467.43 million in the first month of the current fiscal year (ended April 20). The figures indicate a 57.09% and 40.87%…