The Purchasing Managers' Index for Iran’s economy emerged from the Norouz (Iranian New Year) contraction in the second month of the fiscal year (April 21-May 21), new data released by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture show.
PMI settled at 57.3 from 42.04 registered in the first month, indicating a 15.26-point or 36.29% increase.
Most sub-indexes indicated strong growth, as they do every year in the second month of the year.
June 09, 2023 19:40
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Iran’s PMI Bounces Back After Norouz Contraction
The Purchasing Managers' Index for Iran’s economy settled at 57.3 in the second month of the current Iranian year (April 21-May 21) from 42.04 registered in the first month (March 21-April 20), indicating a 15.26-point or 36.29% increase
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