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Australia data: Exports prices +1.6% q/q (expected -2.4%) & Import -4.2% q/q ( +0.7)

Australia terms of trade data for Q1 2023Import Price Index -4.2% q/qexpected +0.7%, prior +1.8%for the y/y +4.7% Export Price Index +1.6% q/qexpected -2.4%, prior -0.9%for the y/y +6.9% ---In brief:Terms of trade refer to the ratio between the prices of a country's exports and the prices of its imports. In other words, it's the relative value of a country's exports to its imports. When the terms of trade of a country are improving, it means that the prices of its exports are increasing fa... Read More

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Posted: Apr 27 2023, 01:30

Author Name: forexlive

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