Iran Economy News

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...

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...

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U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing the Iranian regime's actions, the United States House of Representatives...

Grossi: Iran Weeks Away from Having Enough Enriched Uranium for Atomic Bomb

Rafael Grossi, the Director General of the International Atomic Energy Agency (IAEA), has stated that Iran is just weeks...

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper regarding poverty rate data, a 10% increase in the poverty...

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U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing...

Iran: 9 Prisoners Executed in One Day

The Iranian regime executed five prisoners in Kerman prison...

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Sanctions relief offered in Iranian nuclear talks

AP: World powers, fearful of scuttling negotiations beginning this...

Iran-US Tensions Still on Knife Edge

By Pooya Stone Last month, the USS Abraham Lincoln...