Iran Macroeconomic Indicators
Publication Date: July 10, 2017




*Note: Data are based on the Iranian calendar year where each month ends approximately on 20th day of the corresponding month in the Western calendar year. Month's numbers for these data are converted to the closest western month only for convenience


Inflation and Exchange Rate

The ascending trend of the annual inflation rate in June 2017 stood unrevised given the monthly inflation growth move in March and April. This is whilst June witnessed a falling Y-O-Y inflation. The upward trend of annual inflation has been sluggish considering the negative monthly inflation rate in May and below 1% in June. The move would not be worrying as long as the monthly inflation stays at less than 1%. The monthly inflation is expected to rise in the months to come. New reports would shed light on the situation.


Interest Rate

Like the recent months, lack of new T-bills has caused the interest rate to fall slightly. The trend is expected to last so long as no T-bill is issued.



The housing market did not see much changes in June in terms of both price and number of trades. Further to the dominant recession in the sector, the holy month of Ramadan has played a negative role in the market.



Foreign Trade

No statistics are available up to release of this report on import and export in May and June.



Following a correction in the market in June, still the market growth is in need of new stimuli such as reduced bank interest rates, increased global prices, appreciation of foreign currencies, and the other effective factors.


Assets' Returns (1 Year, Trailing)




About Mofid

Mofid Securities is a leading brokerage and investment advisory firm in Iran. As the largest full-service broker, it provides domestic and international clients with a range of trading and investment services including online stock trading, mutual funds, ETFs, and managed accounts as well as market reports and commentaries. 
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