Australian Q3 export prices -3% q/q (expected -4.0%) & import -1.6% q/q (-1.5%)

Export prices are down 3% q/q against expected -4% and prior -5.7%

• The fall was driven by lower prices received for Coal, coke and briquettes (-7.4%), Metalliferous ores and metal scrap (-1.5%) and Gas, natural and manufactured (-4.0%).
• Through the year to the September quarter 2017, the Export Price Index rose 14.2%, driven by Coal, coke and briquettes (62.1%).

Imports prices down 1.6% q/q 9exp -1.5%, prior -0.1%)

• Through the year to the September quarter 2017, the Import Price Index fell 0.4%, driven by Telecommunications and sound recording equipment (-15.9%).