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Growth

  • EghtesadOnline: The average goods and services Consumer Price Index in the 2020-21 fiscal year, increased by 36.4% compared to the corresponding period the year before, the Statistical Center of Iran reported. It put last fiscal’s urban and rural annual inflation at 36.2% and 37.7%, respectively.

  • EghtesadOnline: Preliminary estimates by the Central Bank of Iran show Iran’s gross domestic product in the first nine months of the current Iranian year (started March 20, 2020), using constant prices of the year ending March 2012, stood at 4,806 trillion rials ($19.37 billion) compared with 4,704 trillion rials ($18.96 billion) of the corresponding period of last year, registering a 2.2% year-on-year growth.

  • EghtesadOnline: Atotal of 109,000 tons of commodities worth $209 million were exported from Jolfa Customs Terminal in East Azarbaijan Province during the first eight months of the current Iranian year (March 20-Nov. 20), showing a 13% and 35% rise in weight and value respectively, according to the director general of the county’s Customs Office.

  • EghtesadOnline: Iran recorded the highest growth in the production of direct reduced iron during the first three quarters of 2020 (January-September).

  • EghtesadOnline: Iran’s gross domestic product saw a contraction of 3.5% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, the Statistical Center of Iran’s latest report shows.

  • EghtesadOnline: The Consumer Price Index of "leisure and culture" group, with a coefficient of 1.65%, stood at 284.4 in the month ending July 21, which marks the end of the fourth Iranian month, indicating a 7% rise compared with the month before—the highest monthly growth among 12 groups of the basket of consumer goods and services purchased by households.

  • EghtesadOnline: The Purchasing Managers' Index of the hosing sector for the third month of the current fiscal year (May 21-June 20) settled at 64.36 from 60.55 in the preceding month (April 20-May 20), showing continued recovery in this sector.

  • EghtesadOnline: The average annual goods and services Consumer Price Index of the transportation sector in the 12-month period ending June 20 increased by 45.1% compared with the similar period of the year before.

  • EghtesadOnline: The growth in overall Consumer Price Index in the third month of the current Iranian year (May 21-June 20) was the highest (5.5%) in Kurdestan province compared with the month before.

  • EghtesadOnline: Iranian aluminum producers had an aggregate output of 65,170 tons of aluminum ingots during the first two months of the current Iranian year (March 20-May 20) to register a 58% growth compared with the corresponding period of last year, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.