Industrial PMI Declines by 2.9%

EghtesadOnline: The Purchasing Managers' Index for the industrial sector of Iran dropped in the current Iranian year’s seventh month (Sept. 23-Oct. 22), latest data released by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture show.

News ID: ۷۵۱۹۸۵

11 November 2022

It settled at 51.66 in the industrial sector in the seventh month from 53.25 in the preceding month (Aug. 23-Sept. 22), indicating a 2.9% fall.

PMI is an indicator of the economic health of manufacturing and services sectors. It provides information about current business conditions to companies’ decision-makers, analysts and purchasing managers.