Financial Tribune - Iran�s National Business Environment Index stood at 6.05 points in Q4 of last fiscal year to register an increase of 0.33% compared with the preceding quarter

Iran�s business environment deteriorated in winter (Dec. 22, 2019-March 19) on a quarter-on-quarter basis, ending its four-season streak of improvement registered in autumn, Iran Chamber of Commerce, Industries, Mines and Agriculture reported.

Iran�s National Business Environment Index stood at 6.05 points in Q4 of last fiscal year (ended March 19, 2020) to register an increase of 0.33% compared with the preceding quarter and a decline of 3.51% over the same quarter of last year, the chamber said in a report published on its website.

The index calculated by ICCIMA measures business friendliness of Iran�s economy, with 10 indicating the worst grade. In other words, the decline in index is indicative of an improving business environment.