Iran Economy News

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...

Iran: Unprecedented Record of 152 Million Liters of Gasoline Consumption Per Day

On March 19, Iran set a new historical record in gasoline consumption with 152 million liters consumed in one day. This record-breaking consumption comes at...

Iran’s Youths Have Highest Unemployment Rate

The Iranian regime’s Eghtesad News website reported that data from the Statistical Center of Iran shows that the youth unemployment rate in the age...

Iran’s Regime Collects 10% of Workers’ Wages in Taxes

Ayat Asadi, a member of the Iranian regime’s Supreme Labor Council, announced that the government will impose a 10% tax on wages exceeding 100...

Iran’s Real Estate Market Entering Stagflation in 2024

The Iranian real estate market is entering a new stagflation period in 2024 due to the increase in the dollar exchange rate. Saeed Lotfi, the...

Iran’s Economy in Deep Crisis During the Month of Ramadan

Economic pressures in Iran continue to rise, and with the beginning of the month of Ramadan, the depth of the economic crisis has also...

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Iran’s Gold Merchants on Strike in Several Cities

Reports and images circulated on social media indicate the expansion of protests and strikes by gold sellers in several...

Intense Rainfall and Floods Damage Dozens of Cities Across Iran

Heavy rainfall has again led to flooding in dozens of cities across Iran, damaging residential homes and agricultural lands....

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

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Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of...

Iran’s Gold Merchants on Strike in Several Cities

Reports and images circulated on social media indicate the...

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Lew warns CEOs testing US on Iran sanctions to ‘think again’

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