INSUBCONTINENT EXCLUSIVE:
TEHRAN- Iran's gross domestic product (GDP) excluding oil grew 4.3 percent in the first quarter of the current Iranian calendar year
figure including oil increased 3.8 percent, IRIB reported.The SCI put the average inflation rate in the three-month period at 40 percent,
expecting the figure to reach 30 percent by the end of the current Iranian calendar year (March 20, 2023).Back in June, SCI had put the
billion) including the oil sector, and at 6.511 quadrillion rials (about $22.6 billion) excluding the oil sector in the past year, while the
figures were 7.254 quadrillion rials (about $25.18 billion) and 6.289 quadrillion rials (about $21.83 billion), respectively, in 1399.The
SCI said that the agriculture sector experienced negative growth of 3.7 percent, while the industries and mines sector grew six percent, and
released on June 7, the Iranian economy is projected to grow by 3.7 percent in 2022, while the average global economic growth is seen at 2.9
by the oil sector and services
percent in 2021 and about 3.4 percent in 2020.EF/MA
