Iran’s business environment deteriorated in the second quarter of the current year (June 21-Sept. 21), according to Iran Chamber of Commerce, Industries, Mines and Agriculture.
Iran’s National Business Environment Index stood at 6.05 in Q2 of the current fiscal year to register an increase of 0.04 percentage points compared with the preceding quarter but a decline of 0.02 percentage points over the same quarter of last year, the chamber said in a report published on its website.
The index calculated by ICCIMA measures business friendliness of Iran’s economy, with 10 indicating the worst grade. In other words, the decline in the index is indicative of an improving business environment.
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