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Industrial PMI Above Threshold

The index for the current fiscal year’s sixth month (Aug. 23-Sept. 22) settled at 57.66 from 45.24 in the preceding month (July 23-Aug. 22), indicating a 27.45% increase
Industrial PMI Above Threshold
Industrial PMI Above Threshold

The Purchasing Managers’ Index for Iranian industries has edged above the threshold.
The index for the current fiscal year’s sixth month (Aug. 23-Sept. 22) settled at 57.66 from 45.24 in the preceding month (July 23-Aug. 22), indicating a 27.45% increase as reported by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture. 
The PMI is locally known by its Farsi acronym Shamekh.
PMI is an indicator of economic health for manufacturing and services sectors. It provides information about current business conditions to companies’ decision-makers, analysts and purchasing managers. 

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