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Sharp price hikes estimated for next Iranian calendar year

Sharp price hikes estimated for next Iranian calendar year

An Iranian professor of economics believes: “During the next Iranian calendar year (1398 HS), there will be severe price hikes on the forex and goods markets; considering the highly possible intervention of security and government forces in potential social and economic unrests, security will be intensified.”

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Mobile sales in Iran halved

Mobile sales in Iran halved

The Head of the union for Iran’s telecommunication devices has said: “With the rising dollar prices on the forex market, people’s purchase power for mobiles has decreased and figures indicate that mobile sales have halved at the outset of Nowruz.

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Reception halls in Tehran stand idle

Reception halls in Tehran stand idle

President of the union for reception halls in Tehran says that although there are no accurate statistics for a drop in the number of weddings in Tehran’s reception halls, it is still tangible enough to have a negative effect on business.

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Iran's economic growth in 2019 - Negative or positive?

Iran's economic growth in 2019 - Negative or positive?

The Research Center of Iran’s Islamic Legislative Assembly has recently published a report on oil forecasts for 2018-2019, announcing that Iran’s economic growth in 2019 will be negative. The Economist has also painted a bleak future for Iran in 2019. Nevertheless, Iran’s Minister of Finance has said that 2019 will not see a negative economic growth.

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Possibility of new protests in Iran still exists

Possibility of new protests in Iran still exists

A Professor of Economics in Tehran believes: “If the government continues to pursue its misguided policies, add to that the economic pressures of the sanctions, and a possibility of new protests erupting in Iran in 2019 still exists.”

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Protests continue in Iran in various forms

Protests continue in Iran in various forms

A Tehran-based professor of economics believes: “The protests of December-January 2017 were the result of the government’s wrong policies over the past three, leading to economic inequality, corruption and a limited job market. The protests are still ongoing in the form of increased emigration, addiction, divorce and frustration.”

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