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Import, Export Price Changes in Fiscal 2019-20 Reviewed by SCI

The Import Price Index saw a 295.2% year-on-year increase in terms of rial and a 30.3% rise in terms of the US dollar, while the corresponding figures for Export Price Index grew by 87.5% and 6.4% respectively
Import, Export Price Changes in Fiscal 2019-20 Reviewed by SCI
Import, Export Price Changes in Fiscal 2019-20 Reviewed by SCI

The Import Price Index, a relative indicator measuring the overall changes in prices of imports of merchandise into a country (using the new base year of 2016-17), stood at 1330.1 in the last Iranian year (March 2019-20) when measured in terms of the rial, registering a 295.2% increase compared with the year before.
According to a new report by the Statistical Center of Iran, citing the Islamic Republic of Iran Customs Administration’s data, last year saw IPI stand at 161.4 when measured in the dollar terms, registering a 30.3% increase compared with the year before.
The Export Price Index, a relative indicator measuring the overall change in prices of goods and services sold abroad, (using the year ending March 2017 as a base year), stood at 394.9 in the fiscal 2019-20 in terms of the local currency value, indicating an 87.5% growth compared with the year before. 

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