Last year, the activities of the agricultural group increased by -3.7 percent, the industries and mines group by 6 percent and the service group by 4.5 percent compared to the same period of the previous year.
EghtesadOnline: There is a direct link between economic growth and power consumption, such that economy cannot boom as long as electricity is not used efficiently.
EghtesadOnline: Iran’s economic growth (using 2011 as the base year) turned from negative to positive in the first half of the current fiscal year (March 20-Sept. 21), the governor of the Central Bank of Iran, Abdolnasser Hemmati, wrote in an Instagram post.
EghtesadOnline: The International Monetary Fund predicts Iran's economy to bounce back to growth in 2021.
EghtesadOnline: It was a strongly-held belief that the abundance of natural resources (such as fossil fuels and certain minerals) in a country engenders economic growth.
EghtesadOnline: A solid increase in agricultural production has been the main driver of economic growth registered in the first quarter of the current Iranian year (started March 21).
EghtesadOnline: Chronic inflation, which stems from economic imbalances, ruins economic growth, Masoud Nili, a prominent economist and professor of economics at Sharif University of Technology, says.
EghtesadOnline: The World Bank has downgraded its estimates and forecasts on Iran's economic growth.
EghtesadOnline: Iran's gross domestic product saw a contraction of -3.8 during the three quarters of the last fiscal year (March 21-Dec. 21, 2018) compared to the corresponding period of the year before, the Statistical Center of Iran's latest report shows.
EghtesadOnline: The World Bank has downgraded Iran's economic growth estimates and forecasts in a new report.