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July IPI Up 6% 

July IPI Up 6% 
July IPI Up 6% 

A report by the Monetary and Banking Research Institute (MBRI) shows that industrial input improved in the fourth calendar month ending July 22. 
The industrial production index (IPI) rose 6% in the month from the corresponding period last year and 2.5% higher y/y, according to the MBRI report seen on its website.  
IPI is drawn by assessing the monthly performance of 280 companies listed in the Tehran Stock Exchange and Iran Fara Bourse, the junior equities exchange. 
These companies account for more than half the industrial production in Iran and their performance is seen as a reliable barometer for appraising domestic production, the MBRI said.  

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