The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy settled at 53.84 in the month ending May 21 from 39.65 in the month ending April 20, indicating a growth of 14.19 points or 35.79%.
The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s economy settled at 53.73 in the month ending Feb. 18 from 48.83 in the month ending Jan. 19, indicating 4.9 points or 10.03% improvement.
Iranian industries are witnessing a modest setback during the third month of the current fiscal year (May 21-June 20) in their indices from purchasing manager surveys compared to the significant improvement that happened during the second month (April 20-May 20).
Iranian industries are seeing significant improvement in their latest indices from purchasing manager surveys after steep declines earlier in the current fiscal year (started March 20).