Domestic Economy

Iran’s five-month home appliance output up 8.7%

Figures by Iran’s ministry of industries (MIMT) shows home appliances production in the country kept growing at a robust rate in the first five months of the current calendar year to reach over 2.61 million units.

Mine and Industry

Iran’s barley production declines due to low precipitation

Rain-fed barley farms have suffered 30-40% of losses due to low precipitation levels and water shortage across the country, says the director general of Grains and Essential Goods Production Bureau with the Agriculture Ministry, expecting production to decline this year.

Agriculture and Environment

Iran’s economy grows in three months to June 22

Iran has posted positive economic growth in the first quarter of the fiscal year (March 21 – June 22), according to separate reports by two sources.

Macro Economy

Iran Chamber of Commerce picks top five provinces for accelerating businesses

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has selected five leading Iranian provinces for their performance in improvement of business environment in the first quarter of the current fiscal year (March 21-June 22).

Iran Chamber

Report says Iran’s GDP rose by 43.7% last year

Figures by the Central Bank of Iran (CBI) show that the country’s gross domestic product (GDP) increased by nearly a half in the calendar year to March this year.

Macro Economy

Neighbors top priority in economic ties: Key presidential candidate

Presidential candidate Seyyed Ebrahim Raeisi says he will work, if elected, to promote the country’s economic relations with its neighbors first, and the rest of the world community next, as part of the measures on his agenda to tackle the people’s economic problems.

Society Economy

Iran’s economy shouldn’t be tied to foreign developments: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned that the country’s economic future should not be tied to developments in other countries, including the November presidential elections in the United States.

Macro Economy

PMI shows modest setback in Iran’s industries

Iranian industries are witnessing a modest setback during the third month of the current fiscal year (May 21-June 20) in their indices from purchasing manager surveys compared to the significant improvement that happened during the second month (April 20-May 20).

Iran Chamber

PMI indicates significant improvement in Iran’s industries

Iranian industries are seeing significant improvement in their latest indices from purchasing manager surveys after steep declines earlier in the current fiscal year (started March 20).

Iran Chamber

Iran draws over $1.25bn from NDF to create jobs

Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.

Society Economy

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