BAKU, Azerbaijan, July 13
By Elnur Baghishov – Trend:
The gross domestic product (GDP) reached 1.72 quadrillion rials (about $41.1 billion) in Iran in the last Iranian winter (December 22, 2019 to March 20, 2020), Trend reports citing Statistical Center of Iran.
According to the report, this figure shows an increase compared to the same period of the preceding Iranian year.
“Based on the prices of products and services consumed in Iran, the inflation was 34.8 percent in the last month of last Iranian year (February 19-March 19, 2020),” the statistics said.
“The liquidity in Iran stood at 24.7 billion rials [about $588 billion] in the last month of last Iranian year. This is an increase of 31.3 percent compared to the last month of preceding year,” the report noted.
During the reporting period, the index of securities reached 512,900 on the securities exchange showing a 44.9-percent increase compared to the preceding winter.
Iran's non-oil exports amounted to $9.54 billion, which a decrease of 12.6 percent compared to the preceding winter.
Last winter, Iran imported products worth $11.9 billion. This is an increase of 19.1 percent compared to the preceding winter.
According to the data, 42,700 licenses were issued for construction in Iran, showing a decrease of 14.3 percent compared to the preceding winter.
"Last winter, the average price of a dollar in the free market in Iran was 140,000 rials, and the price of 1 euro stood at 154,000 rials. This is an increase of 17.6 percent and 17.8 percent, respectively,” the report said.