Ikon forex "Import and Export Price Index of the 4th quarter in Australia both slump"

[laura]

According to the latest official data on Friday (January 21), the Import and Export Price Index of the fourth quarter evidently slumped compared with the third quarter, among which the seasonal rate of the export went down by 8.1 percent, which indicated that the export price of Australia went down because of the fell down of the Commodity prices in the international market.

The data indicated the export price index of the fourth quarter in Australia went down by 8.1 percent, and that of the third quarter was to have increased up by 7.8 percent. The Import price index was the seasonal rate went down by 3.8 percent, and that of the third quarter was to have increased by 0.7 percent.

The year rate of the export price index in the fourth quarter of Australia rose up by 19.4 percent, and the increase amount of the third quarter was up to 27.7 percent; the year rate on the import price in was decreased by 1.0 percent, and that for the third quarter was to have decreased by 1.5 percent.

Edited by Laura in Ikon Group.