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Slight Decline in Apparent Steel Usage Over Three Months

EghtesadOnline: Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, decreased in the first quarter of the current Iranian year (March 21-June 21) compared with last year's corresponding period.
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Publish Date: 27/July/2021 | 19:20

SCI on Youth Unemployment

EghtesadOnline: The Statistical Center of Iran provides two figures for the youth unemployment rate: one concerning the population between 15 and 24 years and those between 18 and 35 years.
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Publish Date: 26/July/2021 | 19:19

Q1 Copper Output Surveyed by IMIDRO

EghtesadOnline: The Iranian copper industry produced a total of 94,995 tons of copper anode in the first quarter of the current Iranian year (March 21-June 21), up 4% compared with last year’s similar period, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 26/July/2021 | 18:50

Apparel Exports Increase by 91% to Over $110m in Fiscal 2020-21

EghtesadOnline: Atotal of $113 million worth of clothes were exported from Iran in the fiscal 2020-21, registering a 91.5% growth compared with $59 million in the previous year, according to the director general of Textile and Clothing Department of the Ministry of Industries, Mining and Trade.
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Publish Date: 26/July/2021 | 18:48

Tropical Fruit Imports Reach $550m p.a.

EghtesadOnline: Some $550 million are spent annually for importing four types of tropical fruits to Iran, an official with the Agriculture Ministry’s Horticultural Affairs Department said.
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Publish Date: 26/July/2021 | 17:36

Iran, Eurasian Economic Union Hold Free Trade Talks

EghtesadOnline: Iran and the Eurasian Economic Union held their first round of negotiations on upgrading their preferential trade agreement to a free trade deal in Tehran on July 19.
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Publish Date: 26/July/2021 | 17:31

Iranian Households’ Income, Expenses in Fiscal 2020-21

EghtesadOnline: A new report released by the Statistical Center of Iran has reviewed Iranian urban and rural households’ income and expenditure in the last fiscal year that ended on March 20, 2021.
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Publish Date: 26/July/2021 | 16:44

Capital Market Stumbles

Eghtesadonline: The financing capacity of Iran’s capital market abated in the first quarter (March 21-June 21) of the current fiscal year while that of banks increased.
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Publish Date: 26/July/2021 | 16:42

14,000 Iranians Travel to Armenia for Vaccine

EghtesadOnline: More than 14,000 Iranians visited Armenia from June 22 to July 16, Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration said on Saturday.
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Publish Date: 21/July/2021 | 19:16

Q1 Underemployment at 9.8%

EghtesadOnline: Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 9.8% in the first quarter of the current Iranian year (March 21-June 21), up 1.9% year-on-year and was higher for men and those living in rural areas, according to the Statistical Center of Iran.
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Publish Date: 19/July/2021 | 24:07

5 Countries Account for 74% of Iranian Exports in 1st Quarter

EghtesadOnline: Iran’s exports to its top five destinations during the first three months of the current Iranian year (March 21-June 21) accounted for 74% of its total exports, according to the head of the Trade Promotion Organization of Iran.
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Publish Date: 19/July/2021 | 11:57

Gov't Borrowing From Central Bank Rises 50%

EghtesadOnline: A Central Bank of Iran report said the government’s debt to the banking sector increased by 50.8% in the last fiscal year that ended in March.
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Publish Date: 19/July/2021 | 11:56

Iran-China 25-Year Cooperation Agreement:

EghtesadOnline: China and Iran signed a 25-year strategic cooperation agreement on March 27, 2021, which mainly addresses economic issues amid crippling US sanctions on Iran.
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Publish Date: 17/July/2021 | 15:08

Iran's Q1 Unemployment Rate at 8.8%

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 8.8% in the first quarter of the current Iranian year (March 21-June 21), indicating a 1% decline compared with the same period of last year.
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Publish Date: 17/July/2021 | 15:07

Land Subsidence Threat Overlooked

EghtesadOnline: Tehran is losing the battle against land subsidence, as the earth sinks in some plains of the province by about 30 centimeters every year, and conditions are more critical in Shahriar and Varamin counties in southwest and south, director of the Forecasting and Early Warning Office at the Iran Meteorological Organization said.
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Publish Date: 14/July/2021 | 13:02

Iran-US Trade Exceeded $16 Million in Five Months

EghtesadOnline: Iran’s commercial transactions with the US amounted to $16.6 million during the first five months of 2021 to register a 17.5% decline compared with the corresponding period of 2020.
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Publish Date: 14/July/2021 | 13:00

Challenges Facing Domestic Apparel Sector Scrutinized

EghtesadOnline: Iran’s domestic demand for apparel stands at 510,000 tons, while annual production is around 385,000 tons per year, according to the vice chairman of Iran's Textile and Apparel Production and Export Union.
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Publish Date: 14/July/2021 | 24:58

Iran Leading World Trout Producer

EghtesadOnline: Atotal of 120 million trout eyed eggs worth $3.1 million were imported during the last Iranian year (March 2020-21), showing a 162% and 60.76% plunge in the number and value respectively compared with the year before, according to the head of Iran Fisheries Organization.
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Publish Date: 14/July/2021 | 24:57