Australia - Precios de exportación

Australia's export prices rose by 3.8 percent quarter-on-quarter in the June quarter 2019, following a 4.5 percent climb in the previous period and compared to market expectations of a 2.8 percent advance. Main contributors to the increase were: metalliferous ores and metal scrap (21.4 percent), reflecting local and global supply disruptions for iron ore and sustained demand from China; petroleum, petroleum products and related materials (8.9 percent), due to a decrease in global supply; meat and meat preparations (4.6 percent), due to increased global demand for Australian beef; and gold, non-monetary (2.0 percent), amid concerns over global economic growth and increasing investor demand. These rises were partially offset by falls in: gas, natural and manufactured (-17.8 percent); coal, coke and briquettes (-5.4 percent); and cereals and cereal preparations (-4.9 percent). Through the year to the second quarter, the export price index increased 17.4 percent.

Australia's export prices rose unexpectedly by 4.5 percent quarter-on-quarter in the March quarter 2019, beating market expectations of a 0.8 percent fall and following a 4.4 percent gain in the previous period. It was the higher reading in a year, when the index rose 4.9 percent, as cost went up further for crude materials, inedible, except fuels (11.7 percent); commodities and transactions, n.e.s. (6.5 percent); food and live animals (2.1 percent); miscellaneous manufactured articles (1.3 percent); machinery & transport equipment (0.9 percent); and beverages & tobacco (0.6 percent). Conversely, prices dropped for mineral fuels, lubricants and related materials (-0.3 percent); chemicals and related products, n.e.s. (-0.3 percent); and animal and vegetable oils, fats and waxes (-0.2 percent). Through the year to the first quarter, the export price index increased 15.3 percent, the weakest yearly reading in three quarters.

Australia's export prices rose by 4.4 percent quarter-on-quarter in the December quarter 2018, accelerating from a 3.7 percent gain in the previous period. It marked the highest reading since the first quarter of the year, driven by higher prices received for: crude materials, inedible, except fuels (7.5 pct); mineral fuels, lubricants and related materials (4.8 pct); commodities and transactions, n.e.s. (3.5 pct); food and live animals (2.4 pct); miscellaneous manufactured articles (0.9 pct); beverages & tobacco (0.8 pct); and machinery & transport equipment (0.7 pct). Through the year to the fourth quarter, the export price index grew 15.7 percent.