Reuters - Iran introduced gasoline rationing and price hikes on Friday with an official saying that the revenue would be used for subsidies for 18 million needy families, state television reported. Iran, which has some of the worlds cheapest fuel prices due to heavy subsidies and the fall of its currency, has been fighting rampant fuel smuggling ...

Financial Tribune - A total of 3,401 homes were sold in the capital during the seventh month of the current fiscal year, registering a 22% rise compared with the preceding month The Central Bank of Iran's latest report on property sales in Tehran shows the number of home deals made in the capital city rose in the seventh month of the current Iranian ...

Financial Tribune - The average price growth of goods and services was around 10% during the first half of the current Iranian year (March 21-Sept. 22). Overall, 17 out of 24 food items experienced an inflationary boost of above 1% while six items posted negative inflation rates during the period, according to the Statistical Center of Iran. Four ...

Financial Tribune - The number of home sales in Tehran slumped to a decade-low of 2,855 deals during the month ending Sept. 22, indicating declines of 72.9% and 15.2% compared with the same period of last year and the month before (July 23-Aug. 22) respectively. A total of 10,537 home deals were signed during Aug. 23-Sept. 22, 2018, and a total ...

Financial Tribune - There seems to be no end in sight to the huge and sudden rise in paper prices, as well as many other goods for that matter. Publishers have seen an astonishing 340% increase in the price of coated paper used in printing and packaging industry last year. Last week and in a matter of 24 hours, paper prices jumped 22%. Lets take ...

Financial Tribune - The retail price of onions in the month ending April 20 increased by 459.5% compared with the same period of last year. A kilogram of onions was sold at 110,872 rials (77 cents) to register the highest year-on-year price rise for a food item during the month, the Statistical Center of Iran reported. In the first Iranian month ...

Azer News - One kilogram of dates costs 300,000-350,000 rials (about $7.14-8.33) in Iran and sometimes the price is 5-6 times higher than the real price, secretary of the Iran National Dates Association Ali Asghar Mousavi said. During the harvest season, 1 kilogram of dates is bought at 15-30 rials (about $0.35-0.71) from the farmers, Mousavi added,...

MENAFN - Officials of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have announced that the country is ready to export onions to Iran for about $0.35 per kilogram, Trend reports with reference to Fars News Agency. As the FPCCI officials reported, the cultivation of onions in Pakistan is at a good level. In his turn, Chairman of ...

Radio Farda - Tomato prices have doubled in Iran in two days after the government lifted a ban on its export, official news outlet IRNA reported. In recent weeks, other vegetables, such as onions and lettuce suddenly became expensive until their export was banned and prices decreased somewhat. One kilo of tomatoes is now around 40 US cents, but ...

AP Irans president on Monday urged Iranians to put a curse on the United States, Israel and Saudi Arabia, reiterating his long-standing charge that the U.S. and its allies are responsible for the countrys ailing economy. President Hassan Rouhanis remarks were meant to deflect criticism of his administrations performance amid a spiraling economy ...

Financial Tribune - On the one hand, the prices of goods have risen sharply and diminished the purchasing power of workers, but on the other, it was a constant struggle for employers whose businesses faced a heap of thorny issues In Iran, private-sector wage discussions and bargaining between the representatives of employees and employers, as well ...

RadioFarda - The head of Irans Central Bank has said that subsidized dollars for imports of essential goods, including medication and food has failed to stem the tide of rising prices in the country. As the Iranian currency began to devalue one year ago, the government and the central bank decided to offer the U.S. dollar at a subsidized, preferential ...

Financial Tribune - Among food items, for which consumer price indexes were measured by SCI, red meat and poultry inflation increased by 92.7% compared with the same month of last year, with the highest year-on-year rise registered in the group of Food and Beverages. The Consumer Price Index of Food and Beverages (using the Iranian year to March ...

Al-Monitor | Saeid Jafari: Following months of turbulence this year, the Iranian rial has regained a significant portion of its lost value in the past several weeks. However, this trend has not been seen in consumer prices, leading to increasing public discontent. The depreciation of the rial has led to sharp jumps in the prices of imported products,...

Financial Tribune - The retail price of tomato paste during the Iranian month Mehr (ended Oct. 22) increased by 227.8% compared with the same period of last year. A kilogram of tomato paste went for 171,765 rials ($1.16) in the seventh Iranian month, to register the highest year-on-year price rise for a food item, the Statistical Center of reported....

Al-Monitor - With Iran's national currency getting back on its feet in a fast-track trend that started this week, consumer prices in the country are reportedly falling sharply. Iranian media reported that it took almost no time for a variety of products to witness price drops as the national currency, the rial, rapidly rallied against foreign currencies....

Tasnim - Prosecutor General of Iran Mohammad Jafar Montazeri gave a stern warning to the elements behind the recent fluctuation in currency rates and price hikes in the country, warning them to stop betraying the nation before facing the consequences of their actions. In a judicial meeting in Irans western city of Ilam on Wednesday, the prosecutor ...

Al-Monitor- Onceknown as amagicianon the field, a legendary soccer player hailing from a humble southern Tehran neighborhood has in recent years been more of an activist than anything else. Ali Karimi has now launched a boycott campaign, calling on Iranians to refrain from buying capital goods and investment commodities, which he says have been unfairly ...

Financial Tribune- In an Instagram post on Sunday, Iranian footballing legend Ali Karimi urged people not to buy gold coins, automobiles or any other commodities, the prices of which have gone up over the past few weeks. Many athletes and celebrities have also joined his movement, re-posting his message and hashtagging I dont buy. Karimis campaign ...

MNA People should be certain that production or provision of required goods for the society and solving any issue in production sectors are government's priority, according to Iranian president. At a meeting for managing recent foreign currencies market fluctuations that was held on Monday, the Iranian president Hassan Rouhani said "as the government ...