Export price index up 1% q/q
– expected +3.0%, prior -4.7%
Import price index down 1%
– expected +1.5% and prior -3.0%
AUD/USD not doing too much on this data point, but as I noted earlier today its not usually of much immediate impact. Lower than expected export prices is not a positive for the currency, though.
Australia – Q2 Export Price Index +1.4% (expected +3%) & Import -1% (expected +1.5%)
