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Middle East textile Journal February Digital Issue

Iran’s economy grows 4.4% in 9 months

Iran’s economy, including oil revenues, grew 4.4 percent, during the nine months from March 21 to December 21, 2017, according to the latest report of Statistical Center of Iran (SCI).

Excluding oil income, the country’s economic growth in the said time span stood at 4.7 percent, the report said.

Iran’s growth of gross domestic product (GDP), based on the fixed prices in the Iranian year 1390 (ended March 19, 2012), was 5.06 quadrillion rials (about $105.3 billion) including oil revenues and 4.36 quadrillion rials (about $90.7 billion) without oil income in the said nine months.

As reported, domestic agriculture grew one percent, industry sector grew 3.1 percent and services registered seven percent growth in the said time, in comparison with the same period in previous year.

About Kohan Journal

Kohan Textile Journal is the leading magazine for the Textile industry, Textile machinery, Synthetic Fibers and Nonwovens in MENA region (the Middle East and North Africa) and is published every two months. It basically emphasizes on textile machinery, textile products, carpet and synthetic fibres distributed among the factories, manufacturers, and traders of floorcovering industries.l

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