Australia Import Price Index q/q
| Low | 1.1% | 6.2% |
0.8%
|
|
| Last release | Importance | Actual | Forecast |
Previous
|
| 5.4% |
1.1%
|
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| Next release | Actual | Forecast |
Previous
|
Australia Import Price Index q/q represents changes in the prices for goods and services imported to Australia in the given quarter compared to the previous one. Each category of goods or services used for the index calculation is given a certain weight.
Goods participate in the index calculation based on their financial importance in the total national imports.
The import price index is used to predict near-term consumer inflation. The index is also used for evaluating the change in the structure of trade flows, as a trading activity indicator.
Last values:
actual data
forecast
The chart of the entire available history of the "Australia Import Price Index q/q" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
