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Iran’s Business Environment Index increases 0.13 percent in winter
(MENAFN)According to data released by the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Research Center, Iran’s Business Environment Index increased by 0.13 percent in the winter, the last three months of the last Iranian year.
The country’s Business Environment Index amounted at 5.80 points in Q4, compared to the autumn’s 5.93 points, stated the ICCIMA portal.
The index, calculated by ICCIMA, measures the business friendliness of Iran’s economy, with 10 marking the worst grade, meaning that the increase of the index is analytic of a failing business environment.
Unpredictability and price changes of raw materials and products, difficulty of financing and instability of business policies, rules and regulations were the factors that added the most to a high business environment index, according to the stated data.
The country’s Business Environment Index amounted at 5.80 points in Q4, compared to the autumn’s 5.93 points, stated the ICCIMA portal.
The index, calculated by ICCIMA, measures the business friendliness of Iran’s economy, with 10 marking the worst grade, meaning that the increase of the index is analytic of a failing business environment.
Unpredictability and price changes of raw materials and products, difficulty of financing and instability of business policies, rules and regulations were the factors that added the most to a high business environment index, according to the stated data.
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