{"id":7784,"date":"2023-09-21T12:22:07","date_gmt":"2023-09-21T12:22:07","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=7784"},"modified":"2023-09-21T12:22:07","modified_gmt":"2023-09-21T12:22:07","slug":"iran-economy-grew-by-6-2-in-first-quarter-cbi","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/7784\/","title":{"rendered":"Iran economy grew by 6.2% in first quarter: CBI"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).<\/p>\n

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Figures released by the CBI on Wednesday showed that the gross domestic product (GDP), the broadest measure of economic activity, reached 3,802.1 trillion rials or about $90 billion in the first quarter, up 6.2% compared to the same period last year.<\/p>\n

The non-oil sector of the economy expanded by 5.2% in the first quarter, compared to the same period last year, the data showed.<\/p>\n

The CBI uses 2016 as the base year for its calculation of GDP data.<\/p>\n

In the first quarter, the oil and gas sector boasted the highest growth rate at 16.4%, followed by the services sector at 6.2%, industries and mining at 3.7%, and agriculture, forestry and fishing at 2.2%.<\/p>\n

This indicates an improvement in the value-added growth of all economic sectors compared to the first quarter of last calendar year.<\/p>\n

The economic growth in the first quarter of this year was a continuation of the upward trend seen over the past three years.<\/p>\n

In the previous year, from the first to the fourth quarters ending on March 20, the economic growth rates stood at 1.9%, 3.9%, 4.9%, and 5.3%, respectively.<\/p>\n<\/div>\n<\/div>\n

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