AUSTRALIA EXPORT PRICES CLIMB 6.2% ON QUARTER IN Q2

Export prices in Australia were up 6.2 percent on quarter in the third quarter of 2021, the Australian Bureau of Statistics said on Thursday - slowing from the 13.2 percent jump in Q2.

Import prices rose 5.4 percent on quarter, accelerating from 1.9 percent in the three months prior.

On a yearly basis, export prices skyrocketed 41.0 percent and import prices jumped 6.4 percent.

The main contributors to the jump in export prices included coal, coke and briquettes; gas, natural and manufactured goods; non-ferrous metals; meat and meat preparations; and petroleum, petroleum products and related materials.

News are provided by InstaForex