March 2019
Iran's Statistical Center Reports Inflation Rate of Approximately 27% for 2018
The Statistical Center of Iran reported an average inflation rate of 26.9% for 2018, the highest in five years, with significant increases in food prices…
Will Increasing Workers' Wages Enhance Purchasing Power?
The Iranian Supreme Labor Council approved a 37% increase in the minimum wage for workers for the upcoming solar year, raising concerns about the actual…
1398; The Outlook for Iranian Households
In 1397, Iran experienced significant economic challenges including high inflation rates and scarcity of essential goods. Official statistics report inflation over 42% overall and over…
121% Inflation of Imported Goods to Iran
Iran's imported goods have seen a staggering 122% inflation in the fall of this year compared to last year, with the dollar price increasing significantly…
Nationwide Power Outage in Venezuela Enters Its Fourth Day
Venezuela is experiencing its fourth consecutive day of a nationwide power outage, with President Nicolás Maduro blaming the U.S. for cyber attacks while experts cite…
Central Bank: The 4200 Toman Dollar Could Not Prevent the Increase in Basic Commodity Prices
The Governor of the Central Bank of Iran, Abdolnaser Hemmati, stated that the preferential currency system has failed to prevent rising prices of basic goods…
Power Outages and Widespread Blackouts Fuel Humanitarian Crisis in Venezuela
Widespread power outages in Venezuela have heightened tensions between President Nicolas Maduro and opposition leader Juan Guaido, with both sides blaming each other. The outages…
Stability of Prices in the Capital's Housing Market: 9 Million and 970 Thousand Tomans per Square Meter
The average price of residential property in Tehran has reached 9.97 million tomans per square meter, reflecting an 85% increase from last year, but transactions…