IFP Exclusive

Iran’s Economy Grows 1.9% in April-June Quarter

Iran’s Statistics Centre says the country’s economy posted a 1.9-percent gain in the three months to June 21, 2018, exclusive of oil sales.

According to a report by the centre, the country’s economic growth hovered around 1.7 percent inclusive of petroleum exports.

The survey suggests that Iran’s Gross Domestic Product (GDP), oil sales excluded, stood at well over 1,400 trillion rials during the three-month period, up 1.9 percent over the similar period last year when the figure stood at around 1,384 trillion rials.

Oil sales included, the country’s GDP reached more than 1,828 trillion rials, showing a 1.7-percent rise year on year.

The highest percentage of growth took place in the service sector, and the lowest growth was reported in the agriculture sector.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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