Export prices in Australia were up 2.7 percent on quarter and 2.3 percent on year, the Australian Bureau of Statistics said on Thursday.
Main contributors to the rise were: Gold, non-monetary (excluding gold ores and concentrates) (+11.4 percent); Metalliferous ores and metal scrap (+2.3 percent); Gas, natural and manufactured (+4.3 percent); and Meat and meat preparations (+4.0 percent).
Offsetting falls occurred in: Petroleum, petroleum products and related materials (-7.8 percent); and Non-ferrous metals (-2.8 percent).
Import prices fell 1.0 percent on quarter but gained 0.9 percent on year.
Main contributors to the fall were: Petroleum, petroleum products and related materials (-11.1 percent); Inorganic chemical (-11.8 percent); and Road vehicles (including air-cushion vehicles) (-0.6 percent).
Offsetting rises occurred in: Gold, non-monetary (excluding gold ores and concentrates) (+11.2 percent); and Telecommunications and sound recording and reproducing apparatus and equipment (+1.6 percent).
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2156016/
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