A reliable source for news on Iranian private sector and economy[ affiliated with the Iran Chamber of Commerce

In line with efforts to increase Iranian wheat output over the past few years, the country has plans to give a further rise to its rain-fed wheat production within the next 3 years, according to deputy minister of agricultural jihad.

Iran plans to expand rain-fed wheat production

In line with efforts to increase Iranian wheat output over the past few years, the country has plans to give a further rise to its rain-fed wheat production within the next 3 years, according to deputy minister of agricultural jihad.

Agriculture and Environment
Iran exported about $1.027 billion of agricultural products in the first three months of the current Iranian calendar year (March 20-June 21), registering an increase of 37 percent year on year.

Iran’s quarterly export of agricultural products up 37% YOY

Iran exported about $1.027 billion of agricultural products in the first three months of the current Iranian calendar year (March 20-June 21), registering an increase of 37 percent year on year.

Agriculture and Environment
A Chinese transit train will enter Iran from Incheh Borun Crossing after crossing Kazakhstan and Turkmenistan, the Iranian ambassador to China said.

Chinese cargo train to enter Iran from Turkmenistan: Envoy

A Chinese transit train will enter Iran from Incheh Borun Crossing after crossing Kazakhstan and Turkmenistan, the Iranian ambassador to China said.

Transportation
The World Bank (WB), in its latest report, forecasted that Iran’s economy is expected to grow by 3.2% in 2024, with the inflation rate projected to decrease to 35.3%.

Iran’s economy to grow 3.2% in 2024, inflation to fall 5.2%: World Bank

The World Bank (WB), in its latest report, forecasted that Iran’s economy is expected to grow by 3.2% in 2024, with the inflation rate projected to decrease to 35.3%.

Macro Economy

Iran’s monthly PMI dips sharply

Iran’s new PMI data for the fiscal month of Khordad (May 21 – June 20, 2024), released by the country’s Chamber of Commerce, has declined to a 44-month low.

Iran’s new PMI data for the fiscal month of Khordad (May 21 – June 20, 2024), released by the country’s Chamber of Commerce, has declined to a 44-month low.
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