Domestic Economy
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Construction in Contraction Mode

The construction PMI during Dec. 22-Jan. 20 settled at 42.38 from 43.98 in the preceding month (Nov. 22-Dec. 21), indicating a 3.64% decrease
Construction in Contraction Mode
Construction in Contraction Mode

Iran Chamber of Cooperatives’ latest report on Purchasing Managers’ Index for the construction sector indicates that it is experiencing contraction.
The construction PMI in the current fiscal year’s 10th month (Dec. 22-Jan. 20) settled at 42.38 from 43.98 in the preceding month (Nov. 22-Dec. 21), indicating a 3.64% decline.
PMI is an indicator of the health of economic sectors and provides information about current business conditions to decision-makers, analysts and purchasing managers. 

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