Australia Q4 Export Prices Slide 5.2% On Quarter

Export prices in Australia were down 5.2 percent on quarter but rose 4.1 percent on year in the fourth quarter of 2019, the Australian Bureau of Statistics said on Thursday.

Main contributors to the fall included Metalliferous ores and metal scrap (-9.1 percent); coal, coke and briquettes (-14.7 percent); and gas, natural and manufactured (-2.3 percent). Those offset rises in meat and meat preparations (+6.9 percent).

Import prices were up 0.7 percent on quarter and 1.4 percent on year in Q4.

Main positive contributors included petroleum, petroleum products and related materials (+3.8 percent); machinery specialized for particular industries (+1.6 percent); and road vehicles (including air-cushion vehicles) (+0.4 percent).

Those offset falls in fertilizers (excluding crude) (-6.5 percent); and plastics in non-primary forms (-5.5 percent).

The material has been provided by InstaForex Company –

Source:: Australia Q4 Export Prices Slide 5.2% On Quarter

Won't your trader friends like this?
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply