Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Azar (November 22 – December 21, 2025) which signals contraction continues across the economy. The seasonally adjusted composite PMI was registered at 48.9, below the neutral 50 threshold that separates expansion from contraction. The...
Iran will continue allocating a subsidized exchange rate for medicines and has yet to take any new decision on the sector as it considers moves toward a single exchange rate, Economy Minister Ali Madanizadeh said on Monday. Speaking at the 134th meeting of the Government-Private Sector Dialogue Council held at Iran Chamber of Commerce, Industries,...
A senior Iranian business leader has endorsed the government’s push to unify the country’s complex multi-tiered currency system but warned the move must be carefully calibrated and preceded by substantial, targeted support for low-income citizens. Hossein Pirmoazzen, Vice President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, told the chamber’s news portal on...
The Islamic Republic of Iran Customs Administration (IRICA) has put the Iranian foreign trade in the first nine months of the current Iranian calendar year (started March 21) at more than $85 billion. Iranian foreign trade value reached $85.394 billion between March 21 and December 22, 2025, IRICA noted. In this period, the Iranian total...
The president of Iran Chamber of Commerce, Industries, Mines and Agriculture extended greetings to Christian communities worldwide on the birth of Jesus Christ and the start of the New Year, urging greater international cooperation and closer economic ties. Samad Hassanzadeh said the New Year offered an opportunity for countries that respect the teachings of Jesus...