CBI Puts Q1-3  Growth at 3.4%
CBI Puts Q1-3  Growth at 3.4%
Monday, March 19, 2018

CBI Puts Q1-3 Growth at 3.4%

Monday, March 19, 2018

CBI Puts Q1-3 Growth at 3.4%

Iran's gross domestic product grew 3.4% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2017) compared with last year's corresponding period, according to the Central Bank of Iran's report released on Sunday.
The CBI put Q1-3 growth rate, excluding oil production, at 4.1%.
The report shows that "industries and mines" sector had the highest growth in the period with 4.6%.
Agriculture, services and oil sectors expanded by 4.1%, 3.7% and 1.3% respectively.
The central bank's report came after the Statistical Center of Iran put GDP growth at 4.4% for the same period. Excluding oil production, SCI said the economy grew by 4.7%.


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