The average Export Price Index in Iran (using the fiscal year ending March 2012 as a base year and in rial terms) stood at 240.5 for the second quarter of the current fiscal year (June 22-Sept. 22).
It registered a 6.3% increase compared with the preceding quarter (spring) and a 37.27% rise compared with the same quarter of last year, the Statistical Center of Iran’s latest data show.
The average EPI during the four quarters to Sept. 22 witnessed a 20.9% growth year-on-year.
The second quarter saw EPI stand at 126 in dollar terms, registering a 1.3% increase compared with the preceding quarter and a rise of 15.2% compared with the same quarter of last year.
In dollar terms, the average EPI during the four quarters to Sept. 22 saw a 9.3% growth year-on-year.
The highest quarter-on-quarter EPI growth was registered for the “Stone, Gypsum and Cement” group with 24.7% while the EPI of “Real Pearl and Precious Stones” group decreased by 0.3% compared to spring—the only group of commodities that saw its index decline.
The highest quarter-on-quarter EPI growth was registered for the “Stone, Gypsum and Cement” group with 24.7% as the highest quarter-on-quarter IPI growth was recorded for the ”Machinery, Mechanical and Electronic Tools” group with 27.5%
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.
The Statistical Center of Iran has also reported the quarterly Import Price Index.
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 the fiscal 2011-12 standing at 100.
The IPI in terms of rial stood at 832.3 for the second quarter of the current fiscal year, registering a 16.8% increase compared with the preceding quarter and a 73.3% rise compared with the same quarter of last year.
The average IPI during the four quarters to Sept. 22 witnessed a 28.5% rise year-on-year.
The first quarter saw IPI stand at 257.4 in dollar terms, registering a 4.2% increase compared with the previous quarter and a rise of 8.7% compared with the same quarter of last year.
In dollar terms, the average IPI during the four quarters to Sept. 22 saw a 0.1% increase year-on-year.
The highest quarter-on-quarter IPI growth was recorded for the ”Machinery, Mechanical and Electronic Tools” group with 27.5% while the IPI of “Livestock” and “Real Pearl and Precious Stones” decreased by 0.8% and 0.4% respectively compared to spring—the only two groups of commodities that saw its index decline.
Latest statistics released by the Islamic Republic of Iran's Customs Administration show a total of 75.27 million tons of non-oil goods worth $31.49 billion were exported from Iran during the eight months to Nov. 21, indicating a 5% decrease in weight and a 12.96% increase in value year-on-year.
Imports amounted to 21.49 million tons worth $29.54 billion, down by more than 12.58% in weight and 14.04% in value over last year’s similar period.
According to IRICA, the average price of each ton of exported commodities hovered around $418 for the period, up more than 19% compared with last year’s same period.
The average price of each ton of imported commodities hovered around $1,374, down 2% compared with last year’s same period.
