November 2015
Unemployment of 18,000 People and Recession of 900 Production Units in West Azerbaijan
The head of West Azerbaijan's Industry Organization reported that 18,000 people are unemployed due to the recession of 900 production units, primarily caused by sanctions…
Inflation in Aban; Central Bank 14.3; Statistical Center 13.1
The inflation rate in Iran for Aban 1394 shows a continued decline, with the Statistical Center reporting 13.1% and the Central Bank at 14.3%. Despite…
Three-Day Visit of the Central Bank Governor of Iran to Germany
The Central Bank Governor of Iran, Valiollah Seif, visited Germany to discuss the normalization of banking relations ahead of the expected lifting of sanctions. He…
Price Stability in the Food Market of Mehr Month
Recent reports from Iran's economic statistics centers indicate a continuing decrease in inflation rates, with the Central Bank reporting an average inflation rate of 14.8%…
Agreement on a 2% Reduction in Bank Interest Rates in Iran
Iran's banking officials have agreed to reduce the interest rate on one-year deposits from 20% to 18% and to lower the interest rate on loans…
Central Bank Report: Recession in the Housing Market Continues
The Central Bank of Iran reports a continuing recession in Tehran's housing market, with significant decreases in both transactions and average prices. This trend raises…