Business And Markets
0

MBRI: Industrial Output Improves 

MBRI: Industrial Output Improves 
MBRI: Industrial Output Improves 

The industrial production index (IPI) improved in the third calendar month to June 21, bucking a five-month declining trend. 
According to a report by the Monetary and Banking Research Institute (MBRI), the overall IPI in the month rose 2.5% on the corresponding month a year ago. 
The report said industrial output in the month increased after five consecutive declines. The index recovered in June after an annual decline of -0.2% in the preceding month and down 5.8% in the a month before (ending April 21)
It covered the monthly performance of 280 companies in Tehran Stock Exchange and Iran Fara Bourse, the junior equities exchange. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com