Tehran, Aug. 16 -- 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.

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 gove...