• Australian import and export price indexes mixed in Q3

Market news

26 October 2017

Australian import and export price indexes mixed in Q3

The Import Price Index fell 1.6% in the September quarter 2017. This follows a fall in the June quarter 2017 of 0.1%.

The fall was driven by lower prices paid for Telecommunication and sound recording equipment (-7.8%), Petroleum, petroleum products and related materials (-2.0%) and Office and automatic data processing machines (-4.7%).

Through the year to the September quarter 2017, the Import Price Index fell 0.4%, driven by Telecommunications and sound recording equipment (-15.9%).

The Export Price Index fell 3.0% in the September quarter 2017. This follows a fall in the June quarter 2017 of 5.7%

The fall was driven by lower prices received for Coal, coke and briquettes (-7.4%), Metalliferous ores and metal scrap (-1.5%) and Gas, natural and manufactured (-4.0%).

Through the year to the September quarter 2017, the Export Price Index rose 14.2%, driven by Coal, coke and briquettes (62.1%).

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