The Export Price Index, measuring the overall change in prices for goods and services sold abroad, (using the year ending March 2012 as a base year), stood at 568.1 in Iran for the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) in terms of rial, registering a 17.4% increase compared with the quarter before and an 81.3% rise compared with the same quarter of the year before.
According to data released by the Statistical Center of Iran, the average EPI during the four quarters leading to Dec. 21 witnessed a 93.7% growth year-on-year.
In dollar terms, the three-month period saw EPI stand at 140.1, registering no change quarter-on-quarter but a rise of 0.7% year-on-year.
The average EPI in dollar terms during the four quarters leading to Dec. 21 witnessed 11.5% growth year-on-year.
EPI is primarily influenced by two factors: foreign exchange rates and global commodity prices. The index is calculated for the prices of one or a basket of commodities in international trading, using FOB export prices.
SCI also released another report detailing changes in Import Price Index during the second quarter of the current Iranian year (June 22-Sept. 22, 2019).
IPI, an indicator measuring the overall changes in prices of imports of merchandise into a country (using the year ending March 2012 as a base year), stood at 2706.8 in Iran for Q2 in terms of rial, registering a 34.2% increase compared with the quarter before and a 225.2% rise compared with the same quarter of the year before.
The average EPI during the four quarters leading to Sept. 22, 2019, witnessed a 189.1% growth year-on-year.
The three-month period also saw EPI stand at 376.2 in dollar terms, registering a 9.7% increase quarter-on-quarter and a 46.1% rise year-on-year.
The average EPI in dollar terms during the four quarters leading to Sept. 22 witnessed a 34.7% growth year-on-year.
IPI is an economic indicator measuring real output in various industries, with industrial production and capacity levels expressed as an index level relative to a base year, which SCI considers to be fiscal 2011-12, standing at 100.
