Iran's PMI Growth Remarkable

The Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture has measured Iran's Purchasing Managers’ Index, under the Farsi acronym “Shamekh”, for the Iranian month of Bahman (Jan. 21-Feb. 19).
The new report indicates that despite a significant improvement in the index during the month, Iran’s economy is still in recession. 
Results published on ICCIMA's website show that PMI stood at 47.63 in Bahman from 39.35 in the preceding month of Dey (Dec. 22, 2018-Jan. 20), indicating an 8.28-point or 21.04% growth month-on-month.