Domestic Economy

More than 8.21 million tons of direct reduced iron was produced in Iran in the first quarter of the current fiscal (March 20-June 20), indicating 12% rise compared to  last year same period…

The Consumer Price Index of "leisure and culture" group stood at 265.8 in the third month (May 21-June 20) of the current fiscal year, indicating a 3.6% rise compared to the month before – the…

The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran's economy settled at 48.41 in the month ending June 20 down from 50.17 in the earlier month, indicating 1.76…

The Ministry of Industries, Mining and Trade has banned the export of eggs to curb the price hike in domestic market. The Market Regulation Headquarters affiliated with the Industries Ministry…

The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce Industries, Mines and Agriculture, is scheduled to hold courses on customs regulations in July and…

A specialized judicial center will be launched in Tehran within the next three months for resolving commercial disputes, says the head of the Ministry of Industries, Mining and Trade's Business…

There are 30,000 buildings in the capital city lacking safety features, the chairman of Tehran City Council said. 

The overall inflation-adjusted expenditure of Iranian households in the last fiscal year (March 2019-20) decreased by 5.4% compared with the year before.  However, when current prices are…

Iran would no longer need to import the raw material needed to produce black fabrics for chador—a full-body semicircular piece of fabric used by some Muslim women to cover the body while leaving…

Iran’s 21 major commercial ports loaded and unloaded a total of 28.65 million tons of commodities during the first three months of the current Iranian year (March 20-June 20) to register a 27.86…

The Ministry of Industries, Mining and Trade has prohibited exports of facemasks, less than a week after it gave the green light to manufacturers to ship their surplus output to the foreign…

The smuggling of livestock from West Azarbaijan cities of Oshnavieh and Piranshahr to Sulaymaniyah in Iraqi Kurdistan is on the rise, says Ali Asghar Maleki, the head of Lamb Producers’ Union.…

Iran’s application for accession to the World Trade Organization has been hanging in the air for nearly 24 years and counting.  This, on top of tough US sanctions reimposed on the country…

The average Consumer Price Index of the communications sector in the 12-month period ending June 20, which marks the end of the third Iranian month, increased by 8.7% compared with the previous…

Iran has increased the production of protective medical equipment to support the battle against the novel coronavirus disease, Covid-19, according to an official with the Ministry of Industries…

The Iranian Mines and Mining Industries Development and Renovation Organization has implemented 165 major projects worth about $20 billion in Iran’s mining and mineral industries since its…

The track-laying operation for the railroad connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with Afghanistan and…

The average Consumer Price Index of hotels and restaurants in the 12-month period ending June 20, which marks the end of the third Iranian month, grew by 31.6% compared with last year’s…

Iran’s imports of consumer and intermediate goods jumped in the last fiscal year (March 2019-20) while the other major import category, i.e. capital goods, declined dramatically compared with…

A total of 120,000 tons of different types of raisins worth $164 million were exported from Iran in the last fiscal year (March 2019-20), registering a 6% rise compared with the year before.

A total of 131,315 tons of commodities worth about $5.4 million were exported from Mazandaran Province’s Amirabad Port during the first three months of the current Iranian year (March 20-June 20…

Iran’s red meat production is projected to rise by 2-3% by the end of the current fiscal year (March 2021), bringing the country closer to self-sufficiency, says the deputy agriculture minister…

In the first quarter of the current Iranian year (started March 20), a total of 211 inactive industrial units across Iran resumed operations with the help of Iran Small Industries and Industrial…

Iran’s commercial exchanges with the US stood at $20 million during the first five months of 2020 to register a 51.1% decline compared with the corresponding period of 2019. Latest data…

A total of 22,885 people with disabilities are members of Iran's cooperative enterprises, says Mohammad Kabiri, an official with the Ministry of Cooperatives, Labor and Social Welfare.