Photo by Paul Teysen on Unsplash
Prices fell by 1.7% MoM and 3.7% MoM, respectively.
Prices of imports and exports continued to fall in August, declining by 1.7% MoM and 3.7% MoM, respectively.
Compared to the last year, import (+12.7%) and export prices (+14.1%) recorded double digital increases.
The decline in exports and imports was on the back of contractions in the oil and non-oil indices, data from the Department of Statistics showed.
The oil index contracted by 4.0% MoM for imports and 9.5% MoM for exports.
Meanwhile, the imports and exports non-oil index were down 0.7% and 1.6% from last month, respectively.
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!