Construction PMI Above Threshold 

The Purchasing Managers’ Index for the construction sector settled at 55.43 in the 12th month of last Iranian year (Feb. 20-March 20), up from 48.98 in the preceding month (Jan. 21-Feb. 19), registering a 13.16% increase, the latest data released by the Iran Chamber of Cooperatives show.
PMI is an indicator of the health of economic sectors and provides information about business conditions to decision-makers, analysts and purchasing managers. 
Raw material inventory, employment conditions, new orders, supplier deliveries and export/production conditions are among the criteria surveyed, yielding a final score of between 1 and 100. 
If a business scores 50, it means that no change has been perceived compared to the previous month, while scores higher or lower than 50 indicate that the business is expanding or contracting respectively.