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.
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