Raeisi emphasizes supply of basic goods
Iranian President Ebrahim Raeisi emphasized the supply of basic goods along with giving necessary tips about their prices in the market.
The weekly economic meeting of the government was chaired by Raeisi on Sunday to monitor and control the market, IRNA reported.
Explaining the details of the Central Bank of Iran’s report on the economic growth during the first three months of the current Iranian year (March 21-June 21) was the main subject of the meeting.
According to a CBI report, while the country’s economic growth hit 1.9 percent in the first quarter of last year, Iran’s economy set an economic growth of 6.2 percent in the first quarter of this year.
The growth rate of the services sector in the three months to June 21 was 6.2 percent, as the oil sector witnessed 16.5 percent of rise, and the industry and mining sector experienced a 3.7 percent growth while the agriculture sector had a 2.2 percent growth.
Private sector consumption expenditures increased from 6.4 to 8.2 percent as Gross Fixed Capital Formation (GFCF) surged from minus 1.4 to plus two percent, which were among main growth factors of 6.2 percent economic growth in the first three months of this year.
Also, in the Sunday meeting, a report on the housing sector was presented, according to which the growth rate of GFCF in the construction sector has improved significantly in the first quarter of this year compared to the same period last year.
According to the report, housing prices in Tehran have decreased by one percent in the month to August 22, compared to the previous month.