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International Trade Price Indexes, Australia, June 2023
Key statistics: • Export price index fell 8.5% this quarter and 11.2% through the year. • Import price index fell 0.8% this quarter and 0.3% through the year. Export price index: The main contributors to the fall were: Coal, coke and briquettes (-20.6%), driven by lower demand for both thermal and metallurgical coal due to the rapid easing of global supply constraints amid falling demand, Gas, natural and manufactured (-20.9%), driven by price falls in oil-linked contract and high European inventories placing further downward pressure on spot prices, Metalliferous ores and metal scrap (-6.2%), due to a decrease ... (full story)