Iran Economy News

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...

Housing Accounts for Half of Spending by Tehran Households

Official statistics on income and expenditures of households in Tehran show that urban households in the capital of Iran allocated half of their expenses...

Latest news

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...

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

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Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN...

International Monetary Fund: Iran Needs “$121 Oil” to Avoid Budget Deficit

The International Monetary Fund (IMF) states in its latest...

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2 found dead in volatile Iran city’s river

Iran Focus: Tehran, Jun. 02 - Two men were...