According to the head of Iran’s Chamber of Commerce and Industries, the nation's economy is displaying initial indicators of a rebound. The Purchasing Managers’ Index (PMI) has climbed to 45.9, and the industrial PMI has moved up to 48.2. He attributed this progress to the combined efforts of the government and private sector to keep economic operations running. Despite this, the industrial figure is still under the 50 mark, which suggests that manufacturing output continues to shrink.

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