Monetary and Banking Research Institute
Date:11/18/2020 10:37:00 AM   |   Code : 344929   |   View: 203

The monthly report of industrial production was published using the information of Tehran Bourse listed companies

The monthly report on industrial production using Tehran Stock Exchange-listed companies' information was published by the Monetary and Banking Research Institute of the Central Bank.

According to the Public Relations of the Monetary and Banking Research Institute, the management summary of this report states: In October, as in the last six months, the upward trend of industrial production index of listed companies continued and the growth of this index reached 6.9% compared to the same period last year, which has been unprecedented in the last two years.

A significant part of the increase in the growth rate this month can be attributed to the increase in chemical products production, which grew by 2.9 percent in September (compared to the same period) to 7.7 percent in October. Of course, considering that this industry's sales growth has increased more than the growth of its production, the strengthening of demand for this sector can be considered a stimulus for growth.

Of course, production in the automotive and parts industry, as in previous months, has grown by about 20%, which has contributed significantly to the positive growth of industrial production in recent months.

The production index in the electrical appliances and machinery and equipment industries in October compared to the same period last year shows negative growth. However, this negative growth in these industries has been repeated in recent months. Given that these industries are producers of capital goods, the continuous decline in production in these industries can be considered a sign of weakening investment in the country's economy.

A review of the Tehran Stock Exchange-listed companies' profitability in the first six months of 2017 also shows that 419 companies have experienced a total nominal growth of 64.8% of net profit compared to the same period last year. Of these, 51 were loss-making, down from 71 in the same period last year.

Monthly reports of industrial production using the information of Tehran Stock Exchange-listed companies from April 2020 are available.

Click here to receive the report.

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