Import Price Index (QoQ)

Actual
4.3%
Previous
5.1%
Forecast
1.9%

The import price index informs of the changes in the price of imports. It's released by the Australian Bureau of Statistics. Agricultural products and mineral cover over the 60% of manufacturing imports. Thus, the changes in commodity prices affect the Australian economy. Low volatility for the AUD is expected. A rise in prices is a threat over the mid-term as higher prices mean lower demands to be expected.

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