Australia Q2 Import Price Index -0.1% q/q (expected +0.7%) & Export -5.7% q/q (exp -5.5%)

Terms of trade data from Australia for the April to June quarter, price indexes for ...

Imports -0.1% q/q, much lower than expected, main contributor to this fall was Petroleum and related products

• expected +0.7% q/q, prior +1.2%
• For the y/y, up 0.3%

& exports -5.7% q/q, also lower than expected, driven mainly by iron ore and coal drops

• expected -5.5% q/q, prior +9.4%
• For the y/y, up 22.5%

I posted on China data here - a solid result indeed: China June Industrial profits +19.1% y/y (+16.7% previously)

more to come