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Export prices up, import prices down

AAP logoAAP 27/10/2016

Export prices are rising but import prices have fallen for a fourth straight quarter.

The price index for exports of goods was up 3.5 per cent in the September quarter, driven by solid gains for a range of commodities including non-ferrous metals, coal, meat, gas, gold, and sugar, the Australian Bureau of Statistics said.

The import price index fell 1.0 per cent in the quarter, as prices dropped for manufactured goods including telecommunications equipment and industrial machinery.

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