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December 2016
December 29, 2016
Central Bank: Housing Transactions Decreased in December
In December, Tehran saw a 5.9% decrease in residential apartment transactions compared to last year, indicating ongoing stagnation in the housing market. Despite this, the…
December 27, 2016
Record Growth Amidst Recession
Iran's economic growth rate has reportedly reached 7.4% in the first half of the year, sparking mixed reactions and doubts despite previous positive forecasts. The…
December 20, 2016
Freezing of 1000 Trillion Tomans in Iranian Banks
The Iranian government's debt to banks has increased by 20%, leading to a significant freeze of assets in the banking sector, now totaling nearly 1000…
December 1, 2016
Food Inflation Rate Decreases from 38.7% to 8.6%
The inflation rate in Iran has significantly decreased from 40% in November 2013 to 8.6% in November 2023, with notable reductions in food inflation. This…