IRAN: news on Economy in real time

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Already overtaken by the French-speaking world in the early 2010s, the Spanish-speaking world has now also been overtaken by the Arabic-speaking world, whose total population reached 481.7 million in mid-2023. The demographic emergence of the Arabic-speaking world, the second most dynamic linguistic area in the world, is set to continue over the next few decades, while the Spanish-speaking area is expected to grow more slowly than the global average. Analysis.

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According to the Chamber of Commerce, Industry, Mines and Agriculture of Iran, the Purchasing Managers' Index which measures the performance of the manufacturing sector (excluding hydrocarbons) stood at 41.9 points (- 7.3 points in g.m., -5.1 points in g.y.) in the month of Azar, its lowest level since 2020 (1st wave of Covid-19).

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Mohammad Reza Farzin has made the stabilization of the exchange rate one of the two objectives of his mandate along with the control of inflation. He outlined the first steps taken to this end.