INSUBCONTINENT EXCLUSIVE:
TEHRAN- Iran's gross domestic product (GDP) excluding oil grew 4.3 percent in the first quarter of the current Iranian calendar year (March
including oil increased 3.8 percent, IRIB reported.The SCI put the average inflation rate in the three-month period at 40 percent, expecting
growth at 4.3 percent including oil, and at 3.5 percent excluding oil in the previous year.As reported by the center, based on the fixed
including the oil sector, and at 6.511 quadrillion rials (about $22.6 billion) excluding the oil sector in the past year, while the figures
were 7.254 quadrillion rials (about $25.18 billion) and 6.289 quadrillion rials (about $21.83 billion), respectively, in 1399.The SCI said
that the agriculture sector experienced negative growth of 3.7 percent, while the industries and mines sector grew six percent, and the
released on June 7, the Iranian economy is projected to grow by 3.7 percent in 2022, while the average global economic growth is seen at 2.9
by the oil sector and services
percent in 2021 and about 3.4 percent in 2020.EF/MA
