August 2024
Inflation Stagnates Above 30 Percent; Controlling Inflation Becomes More Difficult
Iran's inflation rate remains stubbornly above 30%, with slight reductions attributed to temporary political risk management. Economic experts warn that ongoing political instability and prioritization…
Food Prices in Iran Have Increased 'Almost Threefold' Over Three Years
Food prices in Iran have nearly tripled over the past three years, with a significant increase in inflation rates reported. The data highlights regional disparities…
50% Increase in Housing Rent in Tehran
Housing rents in Tehran have surged by over 50%, pushing tenants away from homeownership as prices soar. The government has failed to deliver on housing…
Iran's Government Debt to Central Bank Increased by 72% in June
Iran's government debt to the Central Bank surged by 72% in June compared to last year, raising concerns about fiscal sustainability. The total debt has…
The Start of the Single Exchange Rate Project in Iran; Nima Currency on the Rise
Iran has initiated a project to unify its currency exchange rates, with the Nima rate rising significantly. Officials express concerns about the implications of this…
Withdrawal of $6 Billion from the Central Bank and Iran's Development Fund to Cover Budget Deficit
Iran's parliament has revealed a significant budget deficit for the year 1402, leading to a withdrawal of $6 billion from the Central Bank and National…
Increase in Advertisements from Owners Seeking 'Roommates' to Cover Housing Costs
There is a notable increase in property owners seeking roommates to help cover rising housing costs in Tehran, driven by significant rent inflation. Many tenants…
Response of the Political Bureau of the Islamic Revolutionary Guard Corps to the Start of 'Economic War' and 'Public Rush to the Market'
The Political Bureau of the IRGC has called for preparations for an 'economic war' in response to potential military actions following the death of Hamas…