Domestic Economy

Industrial PMI Gets Boost

Textile industry posted the highest PMI with a reading of 69.5 during the month under review, while industries categorized as “others” registered the lowest PMI reading with 31.5
Industrial PMI Gets BoostIndustrial PMI Gets Boost

The Purchasing Managers' Index for the industrial sector during the 11th month of the current fiscal year (Jan. 21-Feb. 19) settled at 56.14 from 51.92 in the preceding month, indicating a 4.22-point or 8.1% increase month-on-month. 
It is 17 months now that the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture is publishing reports on PMI of the country’s industrial sector.
The industrial PMI is based on a monthly survey sent to senior executives of more than 400 companies. It is based on five major survey areas: new orders (30%), raw material inventory levels (10%), production (25%), supplier deliveries (15%) and employment (20%). 
The surveys include 12 questions about business conditions and any changes, whether it is improving, no changes or deteriorating. 


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