Domestic Economy

The Money and Credit Council, a top financial decision-making body with the Central Bank of Iran, has given the green light to increase security deposit loans to 1,000 million rials ($3,333) in…

At least 14 people have died while many more are feared to have been trapped under rubble after an unfinished building collapsed in the southwestern Iranian city of Abadan on Monday. …

The first container train moving on the China-Kazakhstan-Iran-Turkey route will enter Iran within a month, chairman of Kazakhstan National Railways who accompanied a high-ranking delegation to…

The average Consumer Price Index of “transportation” in the 12 months ending May 21, which marks the end of the second month of the current Iranian year, increased by 36% compared with the…

Iran and the European Union’s 27 member states traded €1.33 billion worth of goods in the first three months of 2022, registering a 22% growth compared with last year's corresponding period.

Either the proof of Covid-19 vaccination or a negative PCR test result will be sufficient for any visitor over the age of 12 on incoming flights to Iran, says the spokesperson of the Civil…

National Productivity Day (May 22) lends an opportunity to officials and pundits to rethink the state of productivity from a variety of aspects, Hamid Kalantari, the managing director of the…

The Statistical Center of Iran has published for the first time its estimates for the fiscal 2021-22 (ended March 20) regarding the country’s population at the county level. The population of…

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold three online business courses in June 2022. The…

The average annual producer inflation for industrial-scale livestock farms stood at 59% in the fourth quarter of the previous fiscal year (Dec. 22, 2021-March 20). The Producer Price Index for…

The goods and services Consumer Price Index (using the Iranian year to March 2017 as the base year) stood at 429.6 in the month ending May 21, indicating a 3.5% rise compared to the previous…

Iran's apparent steel usage registered growth for finished and a decline for semi-finished steel products in the first month of the current fiscal year (March 21-April 20) compared with last…

A monthly survey of senior executives of over 400 companies summarized the main concerns and challenges facing Iranian industrialists in the current fiscal year’s first month (March 21-April 20…

Ice-cream and fruit juice prices have increased by 25% as of May 22. “The prices of milk and sugar have experienced a nearly twofold increase. Yet, we could not double the prices because then…

For a long time, the unfavorable state of Iran’s tourism sector has been talked about and compared to that of neighboring countries, until the Covid-19 hit the final blow, reads an article in…

A total of 5.77 tons of caviar were exported from Iran to 33 countries in the last Iranian year (ended March 20, 2022), registering a 65% increase compared with the year before, an official with…

The Central Bank of Iran says the economy grew by 5.7% in the third quarter of the fiscal 2021-22 (ended Dec. 21, 2021). According to the bank, the “oil industry” saw 5.4% growth, “industries…

A total of 9.06 million tons of wheat and unprocessed edible oil worth $5.23 billion were imported in the fiscal 2021-22 (ended March 20), the Government Trading Corporation has announced.…

The Producer Price Index for the services sector reached an all-time high in the winter of last fiscal year (ended March 20, 2022).  The average Producer Price Index for the services…

Iran’s location at the East-West crossroads was the reason behind the incursions of tribes and attacks on its civilizational and cultural achievements. 

Brazil will replace Ukraine as a supplier of raw materials for animal feed production and measures have been taken to start importing from the South American country in the coming months, says…

About 5,500 tons of goods worth 100 trillion rials ($330 million) were exported from Imam Khomeini Airport’s Customs Office in the last Iranian year (March 2021-22), according to an IKIA customs…

Iran’s trade with its 15 neighboring countries stood at 5.52 million tons worth $3.14 billion during the first month of the current fiscal year (March 21-April 20), according to the latest data…

Angouran lead and zinc complex extracted 1.04 million tons of the minerals in the fiscal 2021-22, registering a 17% growth compared with the preceding year. Nakhlak lead mining complex…

A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture examines policies that have undermined the Iranian economy over the past many years. Mehrad Ebad also puts forward…