IDEX Polished Price Index Stable in February
March 05, 25
(IDEX Online) - The IDEX Polished Price Index was stable during February after prices dipped in December and January.
here were slight fluctuations during the month, but overall the Index closed marginally up, gaining 0.02 per cent. The Index increased by 0.62 per cent last November.
Prices have been in overall decline now since early 2022, with only small and occasional increases. The Index closed the month at 94.97, which means prices are now lower than when it was launched (benchmarked at 100) in July 2004.
The Index hit its lowest point for 13 years in May 2024 and the trend has been mostly downwards since then.
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