Australia terms of trade data for Q1 2021 - big jump thanks to strongly rising commodity prices. These have been a positive input for the Australian dollar.
Import Price Index +0.2% q/q
- expected -1.6% , prior -1.0% q/q
- for the y/y, -6.2%
Export Price Index +11.2% q/q
- expected +9.0% , prior +5.5%
- for the y/y, +8.6%
To put the export price jump in context:
