Three recessions in Iran's economy, production under war pressure, oil under siege pressure and companies under financial pressure, a 10.6% drop in industrial production in August.
A review of three reports by the Monetary and Banking Research Institute on economic growth, the state of industrial production and factory financing shows that in recent months Iran's economy has faced a series of simultaneous limitations on the supply and demand side.
Despite the significant decline in the oil sector, the performance of other economic sectors is not uniform. The severity of the recession in the services, industries and mines sector decreased compared to the spring season. This change shows that some service activities managed to reduce the severity of their decline, although they still face negative growth.
In such a situation, even if some sectors of the economy gradually reduce the severity of the recession, the continuation of external restrictions will prevent the formation of a sustainable path to improve economic activity. On the other hand, ending the war and lifting the embargo could reduce some of the current pressures by reviving oil exports, facilitating trade and improving companies' access to production inputs.
Report details.