IDEX Polished Price Index Keeps Sliding in September
October 05, 25
(IDEX Online) - The IDEX Polished Price Index was down 2.08 per cent in September, after a brief spike ahead of the US doubling of Indian tariffs.
It follows a dip of 0.99 per cent in August, another month with a tariff-related spike (the introduction of reciprocal tariffs on 7 August).
Prices also spiked at the end of June, ahead of the 9 July deadline for US trading partners to negotiate deals, and in early April when US president Donald Trump first announced the tariffs. In July, the Index fell by 3.26 per cent.
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