Thursday, 13 March , 2025
Iran economy Archives - Iran News Daily
Iran Economy Faces Deepening Recession as PMI Signals Continued Decline 09 Mar 2025

Iran Economy Faces Deepening Recession as PMI Signals Continued Decline

TEHRAN - Iran's economy is showing signs of a deepening recession, according to the latest Purchasing Managers' Index (PMI) data released by the Iran Chamber of Commerce Research Center. The overall PMI for the economy in month of Bahman 1403 (January 21–February 19, 2025), after seasonal adjustment, stood at 46.4, marking its third consecutive month below the 50 threshold that separates expansion from contraction. This figure reflects a slight worsening from January’s 46.6, underscoring a persistent economic downturn that began in Azar (November–December 2024).

WB sees Iranian economy expanding 2.4% in 2022 17 Jan 2022

WB sees Iranian economy expanding 2.4% in 2022

Iranian economy is projected to grow by 2.4 percent in 2022 as oil production and industrial activity rebound in the country, according to the World Bank’s Global Economic Prospects (GEP) report released earlier this month.

Economy Will Not to Be Tied to Vienna Talks 08 Dec 2021

Economy Will Not to Be Tied to Vienna Talks

President Seyed Ebrahim Raisi says that his administration will not tie the economy and people's livelihood to the negotiations.

Iran’s economy getting back on track: CBI governor 25 Oct 2021

Iran’s economy getting back on track: CBI governor

The Governor of the Central Bank of Iran (CBI) has said the growth in the country’s gross domestic product (GDP) in the second quarter of 2021 indicates that the Iranian economy is going on the right path and is moving toward recovery.

Iran Economy Out of Recession: CBI Chief 14 Mar 2021

Iran Economy Out of Recession: CBI Chief

Iran’s economy has emerged from nearly three years of recession caused by US sanctions and exacerbated by the spread of the coronavirus pandemic, the country’s top banker said.

FATF bills as leg cuffs on Iran economy 07 Mar 2021

FATF bills as leg cuffs on Iran economy

Head of Iranian Parliament Research Center (IPRC) Alireza Zakani says the ratification of the FATF-bill will not help alleviate economic problems but will worsen them.

Iran to impose cap on carrying foreign currencies 09 Jun 2020

Iran to impose cap on carrying foreign currencies

The Central Bank of Iran (CBI) has imposed a cap on how much individuals can carry foreign cash amid efforts meant to stabilize the foreign currency market in the country.

Rouhani stresses on forex rates control 20 May 2020

Rouhani stresses on forex rates control

Iranian President Hassan Rouhani on Tuesday stressed the need to control the foreign exchange (forex) rates and prevent their hikes.

Rouhani underlines improvement in Iran economy 14 May 2020

Rouhani underlines improvement in Iran economy

Iranian President Hassan Rouhani underlined that all efforts must be to improve the economy, people’s lives in Iran, and the hope for future.

CBI to help economy out of coronavirus crisis 12 Apr 2020

CBI to help economy out of coronavirus crisis

CBI governor says this body will spare no effort in helping the domestic ‎economy emerge from the crisis caused by the coronavirus outbreak in the country.