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CBI Surveys Changes in Iran Export Price Index (Nov 2018)

The average price of each ton of exported commodities during the eight months to Nov. 21 stood at $418, up more than 19% compared with last year’s corresponding period
CBI Surveys Changes in Iran Export Price Index (Nov 2018)CBI Surveys Changes in Iran Export Price Index (Nov 2018)

The Export Price Index in Iran stood at 938.7 for the eighth month of the current fiscal year (Oct. 23-Nov. 21, 2018), registering a 5.9% decrease compared with the preceding month, and a 240.2% rise compared with the similar month of 2017, the Central Bank of Iran’s latest data show. 
The EPI index saw a rise of 162.6% over the eight-month period from the beginning of the current fiscal year (March 21, 2018) to Nov. 21, and an increase of 118.5% over the 12-months to Nov. 21 compared with the corresponding periods of last 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. 

 

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