Sep 25, 2023, 11:24 AM
News ID: 85237975
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Iran’s economic growth at 7.9% in y/y in H1 calendar year: SCI

Sep 25, 2023, 11:24 AM
News ID: 85237975
Iran’s economic growth at 7.9% in y/y in H1 calendar year: SCI

Tehran, IRNA - According to a new report by the Statistical Center of Iran (SCI), the country's economy grew by %7.9 in the first three months of the Iranian calendar year (March 21 to June 21) compared to the same period in 2022.

The latest SCI report which was published on Monday showed that Iran's gross domestic product (GDP) rose to 2,144 trillion rials in the first quarter of the current Iranian calendar year (March 21-June 21).

The data showed that Iran's GDP without oil had increased to 1,818 trillion rials in the same period, up %6.1 from the June quarter of 2022. 

The SCI said Iran's agriculture sector had contracted by %4.6 while industry and mining sector grew by %7.3 and the services sector reported an expansion of %9.3 over the quarter to late June. 

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