Iran Chamber of Cooperatives will soon start publishing monthly reports on Purchasing Managers’ Index, under the Farsi acronym "Shamekh", related to Iran’s housing sector, an official with ICC said.
“The first such report will provide information about current conditions of housing business for the Iranian month ending Oct. 22,” Ali Moti-Jahani was also quoted as saying by IRNA.
PMI is an indicator of economic health for manufacturing and services sectors. The purpose of PMI is to provide information about current business conditions to company decision-makers, analysts and purchasing managers.
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