The economy is beset by recession, inflation and trade disruption.
construction in recession; The fifth season of negative growth.
Construction registered negative growth for the fifth season in a row. The number of residential units with building permits in 1,404 decreased by 25% and the real investment in this sector decreased by 29%. While the annual need in the country is estimated at 590 thousand units, licenses were given for only 392 thousand units last year.
Iran's trade routes are under pressure; The risk of losing the transit market.
Disruptions in southern ports and transportation routes put pressure on Iran's trade and transit. The choice of alternative routes by traders could continue even after normal conditions return and reduce Iran's share of the transit market in the region.
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