Iran Economy News

Iran’s Rial Continues to Plummet

With the increase in the exchange rate of the US dollar in the Iranian currency market to over 650,000 rials and the emergence of...

Iran’s Dairy Producers Reduced by 80% in 2 Decades

Mohammad Reza Bani Tabba, spokesman for the Iranian Dairy Industries Association, announced an "80 percent" reduction in the number of dairy product companies in...

Iran’s Non-Oil Trade Imbalance at Unprecedented Negative $17 Billion

New government statistics by Iran’s regime indicate a negative imbalance of $16.8 billion in non-oil trade during the year 2023. According to customs statistics, Iran...

Iran’s Natural Gas Consumption Increases While Production Continues to Stagnate

According to statistics announced by Saeed Aghli, an official at the National Iranian Gas Company on Wednesday, April 4, the Ebrahim Raisi government has...

Iranian Youth Must Wait 100 Years to Become Homeowners

Passing the 100-year waiting period for buying a home; becoming homeowners has fallen out of orbit. In a new report, Etemad newspaper has addressed the...

Average Housing Price in Tehran at 830 million Rials

According to the latest report by the Central Bank of Iran, the average housing price in Tehran has reached over 830 million rials (approximately...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households experienced much higher inflation in...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy is severely impacted by the...

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Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Iran: Social Security Organization Cuts Insurance for Hundreds of Thousands of Construction Workers

Abbas Shiri, an inspector from the Construction Workers Union, dismissed the claim of insuring 70,000 construction workers as false...

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Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of...

Iran: Social Security Organization Cuts Insurance for Hundreds of Thousands of Construction Workers

Abbas Shiri, an inspector from the Construction Workers Union,...

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