Figures released by the Iranian parliament’s research center show that the country’s industrial output fell slightly in the calendar month to late October compared to the same period last year.
Tehran - ISNA - The figures cited in a Wednesday report by ISNA Farsi showed that Iran’s industrial production index had declined by 1.1% year on year in the month to October 22.
However, the figures also showed a monthly improvement, with the index rising 3.2% compared with the calendar month to late September.
Mining output fell by 2.9% in October compared to the previous month, while manufacturing production rose by 8.1% over the same period, the data showed.
The figures showed that Iran’s automotive sector, including parts manufacturing, had recorded a 5% month-on-month increase in output in October.
Pharmaceutical production increased by 14.8% from September and by the same amount compared with October 2024, the parliament report said, adding that the sector was one of the best performers of the Iranian industry in October.
The report, which focused on manufacturing and mining companies listed on the Iranian stock market, also showed that industrial sales in the country had fallen by 0.3% in the calendar month to late October compared to the same month in 2024.
That came as sales rose by 1.8% compared to September, a sign manufacturers were recovering losses suffered in previous months, mainly because of restricted energy supplies.
Iranian industries grappled with electricity shortages during the summer months, as surging household demand forced authorities to impose restrictions on major manufacturers.
Output returned to normal levels in late September and October, with a recent report showing that Iran’s steel producers churned out 2.3 million metric tons of products in September, accounting for more than 15% of the industry’s seven-month output
