The Monetary and Banking Research Institute (MBRI) has reported an increase in manufacturing by companies listed in the stock market.
Its new report covered 280 companies in the Tehran Stock Exchange and Iran Fara Bourse, the junior equities exchange.
The companies accounted for almost half the industrial output and their performance is a gauge of the overall domestic production level, the MBRI said on its website.
Accordingly, the industrial production index (IPI) in the eighth calendar month to November 22 was up 6.5% on the corresponding month last year. IPI in the month to Oct 22 climbed 7.7% -- the highest in 12 months.
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