Recent Study: Iran Business Forecast Report Q2 2014

From: Fast Market Research, Inc.
Published: Thu Feb 20 2014

Recent improvements in relations with the West bode well for the country's economy. That said, uncertainty over the outcome of negotiations over Iran's nuclear programme will ensure that risks to the outlook remain elevated.

The economy will return to growth in 2014, as improving relations with the West and better macroeconomic management, coupled with low base effects, will lead to an improved outlook for exports and increased business and consumer confidence.

Despite recent improvements, the Iranian rial will remain volatile in open market transactions over the coming quarters.

Major Forecast Changes

We have revised our real GDP growth forecasts this quarter, and are projecting the economy to expand by 2.8% in real terms in 2014, up from our previous forecast of 2.4% growth. We expect macroeconomic management to improve following the victory of moderate cleric Hassad Rouhani in presidential elections in June 2013, which will contribute to accelerating growth over the medium term.

Full Report Details at

Key Risks To Outlook

A breakdown in negotiations over the country's nuclear programme could prompt us to revise our real GDP growth forecasts downward and our inflation forecasts upward.

Higher global energy prices may lead to upside risk to our growth forecasts and downside risk to our fiscal deficit forecasts.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Oman and Yemen Business Forecast Report Q2 2014
- Kuwait Business Forecast Report Q2 2014
- Canada Business Forecast Report Q2 2014
- Chile Business Forecast Report Q2 2014
- Hong Kong Business Forecast Report Q2 2014
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »