Plus   Neg

Australia Import Prices Rise 0.5% In Q4; Export Prices +4.4%

Import prices in Australia were up 0.5 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Thursday.

That beat forecasts for an increase of 0.3 percent following the 1.9 percent jump in the three months prior.

Export prices spiked 4.4 percent on quarter - again exceeding expectations for a gain of 2.7 percent following the 3.7 percent advance in the third quarter.

On a yearly basis, import prices surged 7.8 percent, while export prices soared 15.7 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT