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Australian terms of trade data: Export prices -8.5% q/q, Import -0.8%

Australian terms of trade for Q2 of 2023.Export price index -8.5% q/qexpected -6.7%, prior +1.6%Import price index -0.8% q/qexpected -0.8%, prior -4.2%---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 faster than the prices of its imports. This c... Read More

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Australian

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Import

Forex

Posted: Jul 27 2023, 01:30

Author Name: forexlive

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