SCI Reviews Q2 Export/Import Price Changes

EghtesadOnline: The Export Price Index, an indicator measuring the overall change in prices for goods and services sold abroad, (using the year ending March 2017 as a base year), stood at 850 in the second quarter of the current Iranian year (June 21-Sept. 21) in terms of rial.

News ID: ۷۵۱۶۸۶

10 December 2020

The index registered a 35.9% increase compared with the previous quarter and a 131.4% rise compared with the same quarter of last year.

According to data released by the Statistical Center of Iran, the average EPI during the four-quarter period leading to Sept. 21 witnessed a 94.9% growth year-on-year.

The three-month period also saw EPI stand at 125 in dollar terms, registering an increase of 0.8% and 2% over the preceding quarter and the corresponding quarter of last year.

The average EPI in dollar terms during the four quarters leading to Sept. 21 witnessed a 6.5% decline year-on-year.

The Import Price Index, a relative indicator measuring the overall changes in prices of imports of merchandise into a country (using the year ending March 2017 as a base year), stood at 6,138 in Q2 in terms of rial, registering a 69.4% increase compared with the quarter before and a 498.2% rise compared with the same quarter of the year before.

The average IPI during the four quarters leading to Sept. 21 witnessed a 412.2% growth year-on-year.

The three-month period also saw IPI stand at 225.3 in dollar terms, registering a 13.3% increase quarter-on-quarter and a 44.1% rise year-on-year.

The average IPI in dollar terms during the four quarters leading to Sept. 21 witnessed a 36.4% growth year-on-year.