Australia terms of trade data for Q3
Import Price Index +5.4% q/q
expected 0.6% , prior 1.9%
+6.4% y/y
Export Price Index +6.2% q/q
expected 3.0%, prior 13.2%
+41% y/y (not a typo)
Coal, coke and briquettes (+48.1%), driven by surging global demand for thermal and coking coals... Gas, natural and manufactured (+39.5%), due to the rise in oil-linked contracts capturing the continued oil price rises in 2021.