The Export and Import Price Indices (XMPI) are measures of price changes of goods exported outside or imported into the country. The XMPI are used to analyse Terms of Trade (ToT) which is the ratio of Export Price Index (XPI) to the Import Price Index (MPI).
The overall export price index during the first quarter of 2019 increased slightly by 0.3 percent to 103.0 compared to 102.7 recorded in the previous quarter. The rise was mainly explained by the increase in prices of animal fats & oil, oil seeds and edible vegetables. When compared to the corresponding quarter of 2018 the export price index increased by 1.5 percent.
The overall Import Price Index for the first quarter of 2019 decreased by 1.2 percent to 101.2 compared to the 102.4 percent of the fourth quarter of 2018. The performance was largely driven by mineal fuels. When compared to the same quarter of 2018, the index broadly remained unchanged