"Iran Infrastructure Report Q1 2013" Now Available at Fast Market Research
BMI View: We maintain our bearish outlook for Iran's construction industry with a negative forecast of -3% for 2013 due to the persistently high inflation - estimated above 20% between 2013 and 2017 - and continued pressure on Iranian finances following the latest wave of US and EU energy sanctions. We expect this downward pressure to continue largely unhampered until 2015, after which we anticipate a gradual easing and an average annual growth of around 2.1% between 2016 and 2021....
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