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World Bank’s forecast of 3.2% growth and 35.3% inflation of Iran’s economy

In its latest report, the World Bank predicted 3.2% growth and 35.3% inflation for Iran's economy in 1403.

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Also, the growth of Iran’s non-oil sector was 3.8% last year, which according to the World Bank forecast will reach 3% in 1403. Iran’s oil sector, which experienced a significant growth of 17.1% in 1402, will also grow by 5% in 1403.

According to the forecast of this international organization, Iran’s oil production this year will increase by 200 thousand barrels compared to the previous year and reach 3.2 million barrels per day. will arrive.

It is expected that Iran’s agricultural sector will grow only 0.9% in 1403, and the growth of the industry sector will reach 4.9% and the service sector will reach 2.6%. .

Inflation rate in Iran reached 40.7 percent in 1402, which is expected to decrease to 35.3 percent in 1403.

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© Webangah News Hub has translated this news from the source of Mehr News Agency
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