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Inflation
LOW IMPACTAU Import Prices q/q
Track AU Import Prices q/q to gauge inflation impact from foreign goods on businesses and consumers.
Overview
It plays a significant role in driving inflation for both businesses and consumers, particularly those dependent on imported products.
Key Information
What it Measures
Variation in the prices of goods acquired by importers.
Usual Effect
'Actual' results exceeding 'Forecast' tend to be positive for the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • Published quarterly, approximately 30 days following the end of the quarter.
How Data is Derived
N/A
Also Known As
Import Price Index
Acronym
N/A