Export Price Index, an indicator 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 previous quarter 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 an 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.
Import Price Index, 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 3755.2 in Iran for the same period in terms of rial. This showed a 38.7% increase compared with the quarter before and a 250.3% rise compared with the same quarter of the previous year, SCI reported.
The average IPI during the four quarters ending Dec. 21 witnessed 220.7% growth year-on-year.
The three-month period also saw IPI stand at 429.9 in dollar terms, registering a 14.3% increase quarter-on-quarter and a 55.5% rise year-on-year.
The average IPI in dollar terms during the four quarters leading to Dec. 21 witnessed a 44% 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.
SCI has also released data on EPI and IPI changes during the second quarter of the current Iranian year (June 22-Sept. 22, 2019).
Export Price Index (using the year ending March 2012 as a base year), stood at 484 in Iran for Q2 in terms of rial, registering a 9.7% increase compared with the quarter before and an 101.3% rise compared with the same quarter of the previous year.
The average EPI during the four quarters leading to Sept. 22 witnessed a 93.6% growth year-on-year.
The three-month period also saw EPI stand at 140.1 in dollar terms, registering a 0.1% decline quarter-on-quarter but a rise of 11.2% year-on-year.
The average EPI in dollar terms during the four quarters leading to Sept. 22 witnessed an 18.1% growth year-on-year.
IPI (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 an 225.2% rise compared with the same quarter of the previous year.
The average EPI during the four quarters ending Sept. 22 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.