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SCI Puts Q1 Growth at 7.6%

The “industries and mines”, and “services” grew by 13.8% and 4.5% respectively, but “agriculture” contracted by 4.5%, according to a new SCI report
SCI Puts Q1 Growth at 7.6%
SCI Puts Q1 Growth at 7.6%

The Statistical Center of Iran says the economy registered a 7.6% year-on-year growth in the first quarter of the current fiscal year that started on March 21.
The “industries and mines”, and “services” sectors grew by 13.8% and 4.5% respectively, but “agriculture” contracted by 4.5%, according to a new report posted on the SCI website.
The center noted that GDP growth, excluding the oil sector, stood at 4.6% in Q1 (spring).
The SCI report came shortly after the Central Bank of Iran had reported that the Iranian economy grew by 6.2% in Q1.

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