Oz Blog News Commentary

Commodity price index goes boom!

May 4, 2021 - 10:00 -- Admin

Last week, the Australian Bureau of Statistics (ABS) released its export/import price index, which signaled an enormous 11.0% increase in Australia’s terms-of-trade over the March quarter 2021 and a 15.8% increase through the year: This surge in the export/import price index was driven by a 18.2% quarterly rise in metalliferous ores and metal scrap prices,

The post Commodity price index goes boom! appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]