Archive · 16 Aug 2026

Iran's economy stabilises after war shock, growth remains elusive

Iran's economy stabilises after war shock, growth remains elusive

Iran's economy got hurt by a war, and now it is starting to feel a little better, but it is not fully healthy yet.

A special number called the PMI helps us understand how businesses are doing.

If the number is above 50, businesses are growing.

If it is below 50, businesses are shrinking.

Iran's overall number was 45.9, which means businesses are still shrinking, but not as fast as before.

Factories had a number of 48.2, which also means they are not growing yet.

A man named Samad Hassanzadeh, who leads the country's chamber of commerce, said things are improving a little.

He said businesses and the government are working hard to keep things going.

But Iran still has problems, like not earning enough money from oil and some factories being damaged.

To really get better, Iran needs to trade with other countries and get more investment.

So the economy is getting more stable, but it has not started growing again yet.

Sources