Reliable news on Iran economy - affiliated with the Iran Chamber of Commerce

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Shahrivar (August 22 – September 21, 2024) which indicates contraction in economic activities for a fifth consecutive month.

Iran’s PMI shows contraction in economic activities for fifth month in a row

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Shahrivar (August 22 – September 21, 2024) which indicates contraction in economic activities for a fifth consecutive month.

Macro Economy
Hassan Abbaszadeh, the caretaker of the National Iranian Petrochemical Company (NIPC) has said that Iran’s annual output of petrochemical products is projected to rise to as much as 131 million tons by the end of the country’s 7th five-year development plan.

Iran’s petrochemical output to hit 131 million tons

Hassan Abbaszadeh, the caretaker of the National Iranian Petrochemical Company (NIPC) has said that Iran’s annual output of petrochemical products is projected to rise to as much as 131 million tons by the end of the country’s 7th five-year development plan.

Mine and Industry
The value of Iran’s non-oil trade hits $30.6 billion in the second quarter of the calendar year (June 22 – September 21), marking a 9.4% year-on-year increase, according to a person familiar with the matter.

Iran’s non-oil trade grows 9.4% in 2nd quarter of calendar year

The value of Iran’s non-oil trade hits $30.6 billion in the second quarter of the calendar year (June 22 – September 21), marking a 9.4% year-on-year increase, according to a person familiar with the matter.

Trade
The volume of trade between Iran and the Eurasian Economic Union (EAEU) has increased by 2.5 times since four years ago when the two sides engaged in a preferential trade agreement (PTA).

Iran’s trade with EAEU countries grows by 2.5 times in 4 years

The volume of trade between Iran and the Eurasian Economic Union (EAEU) has increased by 2.5 times since four years ago when the two sides engaged in a preferential trade agreement (PTA).

Trade

Iran’s PMI shows contraction in economic activities for fifth month in a row

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Shahrivar (August 22 – September 21, 2024) which indicates contraction in economic activities for a fifth consecutive month.

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Shahrivar (August 22 – September 21, 2024) which indicates contraction in economic activities for a fifth consecutive month.
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