Iran’s gross domestic product grew by 3.3% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, the Central Bank of Iran reported on Tuesday.
Putting the H1 GDP volume at 75,305 trillion rials ($251 billion at the exchange rate of 300,000 rials per dollar), the CBI says the economy expanded by 2.4%, excluding crude oil production.
The services and oil sectors grew by 5.7% and 15.1% respectively while agriculture contracted by 2% and so did “industries and mines” by 1.9%.
The CBI report came after the Statistical Center of Iran said the economy grew 5.9% in H1.
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