Iran
IRAN'S ECONOMY GROWS 2.9% IN H1 FISCAL YEAR
Iran’s gross domestic product (GDP) expanded by 2.9% year-on-year in the first half of the current Iranian calendar year (March 20 – September 21), according to a new report from the country’s central bank.The GDP at base prices for the period amounted to 40,360.2 trillion rials ($51.58 billion) including oil revenues, suggesting a 29% growth in Iranian economy.With oil revenues excluded, the country’s GDP stood at 37,034.1 trillion rials ($47.33 billion), indicating a 2.4% year-on-year growth.The positive economic growth sustained through the first and second quarters of the fiscal year follows consistent growth throughout all quarters of the preceding year, signaling a continued recovery in economic activity across the country.A Sunday report by the Statistical Center of Iran (SCI) indicated that Iran's annual inflation rate for the calendar month to late December dropped to 32.5%, marking a 0.6 percentage point decline compared to the previous month.According to the report, the Consumer Price Index (CPI) for households reached 285.1 in the month under review, reflecting a 2% rise compared to the previous month and a 31.4% increase year-on-year. (ICE TEHERAN)
Fonte notizia: IRNA