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Decline

  • EghtesadOnline: Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said.

  • EghtesadOnline: The Ministry of Industries, Mining and Trade estimates that 8.67 billion cigarettes were smuggled into Iran during the nine months to Dec. 21, 2019, indicating a 43.5% decline compared with the figure estimated for the similar period of the year before.

  • EghtesadOnline: More than 2.21 quadrillion rials ($16.53 billion) worth of investments were made in industrial units, for which establishment permits were issued while more than 392 trillion rials ($2.92 billion) were invested in projects for which operating licenses were issued during the first nine months of the current Iranian year (March 21-Dec. 21).

  • EghtesadOnline: Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.

  • EghtesadOnline: Power consumption data between March to December 2019 shows an increase of 3.2% compared to the corresponding period in the previous year.

  • EghtesadOnline: Iran exported $40 million worth of hand-woven carpets in the first eight months of the current Iranian year (March 21-Nov. 21, 2019).

  • EghtesadOnline: The Statistical Center of Iran has published its latest figures concerning building permits issued in Tehran as well as throughout the country during the second quarter of the current fiscal year that ended on Sept. 22, 2019.

  • EghtesadOnline: About $1.8 billion worth of apparel were smuggled into Iran during the last fiscal year (March 2018-19) to register an 18.2% decline compared to the previous year's $2.2 billion, the industries minister said.

  • EghtesadOnline: Iran produced 800 tons of acrylic fibers during the first eight months of the current Iranian year (March 21-Nov. 21) to register a decline of 66% compared with last year’s corresponding period.

  • EghtesadOnline: Iran’s total exports of iron ore witnessed a noticeable downturn since the seventh Iranian month (Sept. 23-Oct. 22), at the beginning of which the Ministry of Industries, Mining and Trade started to impose tariffs on the export of unprocessed minerals, including iron ore.