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Australian Q4 export prices -0.9% q/q (prior -3.6%) & import prices +1.8% (prior 3.0%)
Australian Q4 2022 terms of trade
- Export price index fell 0.9% this quarter and rose 20.5% through the year.
- Import price index rose 1.8% this quarter and 14.9% through the year.
Some of the notes from the Australian Bureau of Statistics on the release, bolding is mine:
Export price index
The main contributors to the fall were:
- Coal, coke and briquettes (-7.8%), due to price falls for both thermal and metallurgical coal, as supply concerns... Read More
Posted: Jan 27 2023, 00:30
Author Name: forexlive
Views: 111611