Australian Q1 export prices surged 11.2% q/q

Author: Eamonn Sheridan | Category: News

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:
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.  

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