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Iran economy shows signs of life after war

By Sohail Khan 16 August 2026, 8:04 pm

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Business News›News›International›Business›Iran economy begins to recover after war as business activity picks up

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    Iran economy begins to recover after war as business activity picks up

    Synopsis

    Iran's economy shows signs of recovery from recent war impacts. Economic activity is gradually resuming, according to the Iran Chamber of Commerce. Purchasing Managers' Index reports indicate relative improvement in economic conditions. Private sector efforts and government engagement are contributing to this positive trend.

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    Iran economy shows signs of recovery from war-induced downturn as business activity resumes, says Chamber of Commerce chief  HassanzadehANI
    Iran economy shows signs of recovery from war-induced downturn as business activity resumes, says Chamber of Commerce chief Hassanzadeh

    Tehran: Iran's economy is showing signs of recovery from the sharp downturn caused by the recent war, with economic activity gradually resuming, according to the head of the Iran Chamber of Commerce, Industries, Mines and Agriculture, Samad Hassanzadeh.



    Speaking at a meeting of the chamber's representatives on Sunday, Hassanzadeh said the latest Purchasing Managers' Index (PMI) reports contained encouraging signs of a relative improvement in economic conditions, Iranian state broadcaster Press TV reported.



    Also Read: Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran



    He attributed the improvement to efforts by the country's private sector and businesses as well as a temporary easing in the intensity of economic shocks compared with the preceding months.



    Hassanzadeh also pointed to government efforts to keep economic activity going and engage with other countries, according to Press TV.




    He, however, stressed that sustaining the improvement would require greater international engagement.



    Official data from the Iran Chamber also point towards an easing in the severity of the economic downturn, although activity remains in contraction territory.




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    ( Originally published on Aug 16, 2026 )


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    Iran economy recoveryPurchasing Managers' Index IranSamad Hassanzadeheconomic activity IranIran Chamber of Commercebusiness activity IranIran economic conditionsIran industrial sector PMIsinternational engagement Iran

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