Page 14 - IRANRptFeb19

4.0 Real Economy
Iran - Main Macro Indicators
2012 2013 2014 2015 2016 2017 Mar-2018 Jun-2018
Annual GDP (y/y)
-6.6 -1.9 4.3 4.4 12.5 4.3 2.9
GDP (per capita) (USD)
7,719.77 7,931.07 6,007.46 5,579.25 4,899.68 5,230.09 5,492.19 / (2018)
GDP: Final consumption expenditure: Private (IRR bn)
3,208,428 4,505,167 5,262,427 5,656,000 6,236,000 7,032,000 1,908,000 1,991,000
GDP: Final consumption expenditure: Government (IRR bn)
713,990 868,334 1,160,266 1,301,000 1,700,000 1,952,000 665,000 469,000
GDP: Gross fixed capital formation, (IRR bn)
1,809,515 2,386,025 3,048,276 2,606,000 2,552,000 2,885,000 994,000 /
GDP: Exports, (lRR bn)
473,222 376,386 376,240 421,236 / /
GDP: Imports, (IRR bn)
449,701 345,821 281,210 265,210 / /
Source: CEIC; Central Bank of Iran
4.1 Industrial production
Iran’s industrial production fell 0.5% in the third quarter of 2018, down from 6.5% y/y in the previous quarter and 5.7% y/y in the first quarter, CEIC data showed. Major industrial production includes oil, petrochemical products and automobiles.
4.2 Inflation 4.2.1 CPI dynamics
Iran’s central bank decides to stop publishing inflation data as CPI hits 42% y/y
Iran’s consumer price index (CPI) inflation rate in the 10th Persian calendar month (ended January 20) reached 39.6% y/y, according to the Statistical Centre of Iran (SCI).
The collapse in the value of the Iranian rial (IRR) in the face of the reimposition
14 IRAN Country Report February 2019
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