Iran EPI Sees 5.3% Growth MoM, 22.3% YOY

The export price index stood at 300.6 in the 10th Iranian month of Dey (Dec. 22-Jan. 20), registering a 5.3% increase compared to the preceding month and a 22.3% rise compared with last year’s corresponding period, the Central Bank of Iran’s latest data show.
The average EPI during the 10 months to Jan. 20 witnessed a 17.8% growth year-on-year, IRNA reported.
EPI is primarily affected 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, ideally, FOB export prices.