IDEX Polished Price Index Rises Steadily in May

(IDEX Online) - The IDEX Polished Price Index was up 1.37 per cent in May, an increase almost double that of April (0.73 per cent). The rise was pretty steady day on day, with the Index averaging 124.970 across the month and closing at 125.900.The Index is currently the highest it's been since November 2018. It has been climbing, albeit with some volatility, since hitting a low point in April 2020, as the global pandemic struck. Before that it was in overall decline since mid-2018. It bottomed at 117.96 in March 2020 when coronavirus first hit.IDEX Online subscribers please click here to read the full report.