Australia Q1 export prices +18.0% q/q (expected 3.7%) & import prices +5.1% (3.4%)

Australia Q1 Export Price Index +18.1% q/q

• expected 3.7%, prior 3.5%

Commodity prices .... yowza!

Import price index +5.1% q/q

• expected 3.4%, prior 5.8%

Data via the Australian Bureau of Statistics