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...

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Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

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Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1,...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in...

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