Australia Export Prices Dip 4.4% On Quarter In Q2

Export prices in Australia were down 4.4 percent on quarter in the second quarter of 2015, the Australian Bureau of Statistics said on Thursday.

That missed forecasts for a fall of 4.0 percent following the 0.8 percent decline in the first quarter.

Import prices gained 1.4 percent on quarter versus expectations for a gain of 1.5 percent following the 0.2 percent decline in the previous three months.

On a yearly basis, export prices dropped 8.9 percent and import prices added 1.3 percent.

The material has been provided by InstaForex Company –