Australia’s import prices fell 1.1% quarter-on-quarter in Q3 2026, reversing a 5.7% increase in Q2 and missing market expectations for a 1.3% rise. The decline was the first since Q3 2025, driven by an 8.7% drop in petroleum and related products as lower oil prices reflected improving global supply following a gradual reopening of the Strait of Hormuz. Fertiliser prices excluding crude plunged 20.2%, reflecting lower urea and potassium chloride prices amid resumed Chinese exports and easing shipping disruptions. Also, non-monetary gold prices fell 5.0%. In contrast, office and automatic data processing (ADP) machinery prices rose 7.3%, supported by demand for data centre, cloud computing and AI-related equipment, as well as elevated manufacturing and supply-chain costs. Telecommunications equipment prices increased 4.1%, reflecting strong demand for high-performance devices and higher component costs. source: Australian Bureau of Statistics
Import Prices MoM in Australia decreased to -1.10 percent in the third quarter of 2026 from 5.70 percent in the second quarter of 2026. Import Prices MoM in Australia averaged 0.60 percent from 1981 until 2026, reaching an all time high of 12.80 percent in the third quarter of 1986 and a record low of -6.40 percent in the second quarter of 2009. This page includes a chart with historical data for Australia Import Prices QoQ. Australia Import Prices QoQ - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.
Import Prices MoM in Australia decreased to -1.10 percent in the third quarter of 2026 from 5.70 percent in the second quarter of 2026. Import Prices MoM in Australia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Import Prices QoQ is projected to trend around 0.60 percent in 2027 and 0.50 percent in 2028, according to our econometric models.