Tehran (IP) - The Iranian Minister of Industry, Mining, and Trade says the country is witnessing the growth of production with the price of raw materials reducing.

Iran PressIran news: On the sidelines of the weekly cabinet session on Wednesday, November 16, Reza Fatemi Amin told reporters that the production rate of the industrial and mining companies reached up to 7.7 percent.

He said that the growth rate of 7.7 percent is a good number for the industrial and mining units.

Fatemi Amin said the producer's inflation is decreasing from 46 percent to 27 percent.

He also told the reporters that the modernization of the industrial units' equipment is on the administration's agenda to save energy. 


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