Iran's CB Reviews Changes in Export Price Index

 

The export price index stood at 723.5 in the tenth month of the current fiscal year (Dec. 22, 2018-Jan. 20), registering a 3.4% decrease compared with the preceding month and 140.7% rise against the same month of last year, the Central Bank of Iran’s latest data show.

The index saw a rise of 160.1% over the 10-month period and an increase of 140.1% over the 12-month period leading to Jan. 20 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.