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Biggest Problems Facing Local Businesses Surveyed by ICCIMA

The continuing trend of rising costs, coupled with concerns about tax increases, has put many businesses, especially in the services sector, on the verge of closure, as many firms cannot withstand any more increase in costs and liquidity shortage
Biggest Problems Facing Local Businesses Surveyed by ICCIMA
Biggest Problems Facing Local Businesses Surveyed by ICCIMA

A recent survey conducted by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture has shed light on the main problems facing local businesses.
The survey is part of the Purchasing Managers’ Index report for the current Iranian year’s 10h month (Dec. 22-Jan. 20).
The new PMI data for Iran’s overall economy show a persisting downtrend for the fourth consecutive month.
The PMI, known by its Farsi acronym Shamekh, for Iran’s overall economy settled at 46.94 in the current Iranian year’s 10th month (Dec. 22-Jan. 20) from 50.97 registered in the previous month, indicating a 4.03-point or 7.87% decline.

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