The Australian Bureau of Statistics (ABS) has released export and import prices for the September quarter, which portends a lift in Australia’s terms-of-trade when the national accounts are released in early December.
According to the ABS, export prices rose by 3.7% over the September quarter and were up by 14.0% over the year, whereas import prices rose by 1.9% over the quarter and were up by 9.8% over the year:
