Australia’s import prices fell by 0.8% quarter-on-quarter in Q2 2025, exceeding market expectations of a 0.5% decline and reversing from a 3.3% surge in Q1, which was the fastest increase in three years. This marked the first quarterly contraction since Q3 2024, driven primarily by a sharp 11.5% drop in prices for petroleum, petroleum products, and related materials. The decrease reflected excess global supply from OPEC+ and weaker demand amid slowing manufacturing activity and the ongoing transition to green energy. Offsetting the fall was a 12.5% rise in non-monetary gold prices, as global uncertainty boosted safe-haven demand and central banks continued to build reserves. The appeal of gold was further supported by U.S. Fed rate cuts, which lowered the opportunity cost of holding the metal. Additionally, road vehicle imports rose 1.3%, driven by higher prices for existing car models, though gains were partially offset by the appreciation of the Australian dollar. source: Australian Bureau of Statistics

Import Prices MoM in Australia decreased to -0.80 percent in the second quarter of 2025 from 3.30 percent in the first quarter of 2025. Import Prices MoM in Australia averaged 0.59 percent from 1981 until 2025, 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 September of 2025.

Import Prices MoM in Australia decreased to -0.80 percent in the second quarter of 2025 from 3.30 percent in the first quarter of 2025. Import Prices MoM in Australia is expected to be -0.30 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 0.30 percent in 2026 and 0.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-05-01 01:30 AM
Import Prices QoQ
Q1 3.3% 0.2% 0.3% 0.4%
2025-07-31 01:30 AM
Import Prices QoQ
Q2 -0.8% 3.3% -0.5% -0.3%
2025-10-30 12:30 AM
Import Prices QoQ
Q3 -0.8%


Related Last Previous Unit Reference
Commodity Prices YoY -4.30 -9.70 percent Aug 2025
CPI 141.70 140.70 points Jun 2025
Core Consumer Prices 140.89 140.05 points Jun 2025
RBA Trimmed Mean CPI YoY 2.70 2.90 percent Jun 2025
CPI Housing Utilities 153.30 151.50 points Jun 2025
CPI Transportation 129.00 129.90 points Jun 2025
Export Prices 154.30 161.60 points Jun 2025
Export Prices -4.50 2.10 percent Jun 2025
Food Inflation 3.00 3.20 percent Jun 2025
GDP Chain Price Index 105.20 105.70 points Jun 2025
GDP Deflator 106.00 106.00 points Jun 2025
Import Prices 134.80 135.90 points Jun 2025
Import Prices -0.80 3.30 percent Jun 2025
Consumer Inflation Expectations 3.90 4.70 percent Aug 2025
Inflation Rate YoY 2.10 2.40 percent Jun 2025
Inflation Rate QoQ 0.70 0.90 percent Jun 2025
TD-MI Inflation Gauge MoM -0.30 0.90 percent Aug 2025
Monthly CPI Indicator 2.80 1.90 percent Jul 2025
PPI 0.70 0.90 percent Jun 2025
Producer Prices 135.20 134.20 points Jun 2025
PPI YoY 3.40 3.70 percent Jun 2025
Rent Inflation 4.50 5.50 percent Jun 2025
Services Inflation 3.30 3.70 percent Jun 2025
RBA Trimmed Mean CPI 0.60 0.70 percent Jun 2025
RBA Weighted Median CPI 0.60 0.70 percent Jun 2025
RBA Weighted Median CPI YoY 2.70 2.90 percent Jun 2025

Australia Import Prices QoQ
In Australia, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.
Actual Previous Highest Lowest Dates Unit Frequency
-0.80 3.30 12.80 -6.40 1981 - 2025 percent Quarterly
NSA

News Stream
Australia Q2 Import Prices Drop More than Estimated
Australia’s import prices fell by 0.8% quarter-on-quarter in Q2 2025, exceeding market expectations of a 0.5% decline and reversing from a 3.3% surge in Q1, which was the fastest increase in three years. This marked the first quarterly contraction since Q3 2024, driven primarily by a sharp 11.5% drop in prices for petroleum, petroleum products, and related materials. The decrease reflected excess global supply from OPEC+ and weaker demand amid slowing manufacturing activity and the ongoing transition to green energy. Offsetting the fall was a 12.5% rise in non-monetary gold prices, as global uncertainty boosted safe-haven demand and central banks continued to build reserves. The appeal of gold was further supported by U.S. Fed rate cuts, which lowered the opportunity cost of holding the metal. Additionally, road vehicle imports rose 1.3%, driven by higher prices for existing car models, though gains were partially offset by the appreciation of the Australian dollar.
2025-07-31
Australia Q1 Import Prices Rise the Most in Near 3 Years
Australia’s import prices rose 3.3% quarter-on-quarter in Q1 2025, sharply above market expectations of a 0.3% increase and accelerating from a 0.2% gain in Q4. It marked the steepest rise since Q2 2022. The main drivers were petroleum, petroleum products, and related materials, which climbed 8.2% amid a weaker Australian dollar and tighter U.S. sanctions on Russian and Iranian crude. Non-monetary gold also surged 11.7%, supported by strong safe-haven demand, central bank reserve accumulation, and expectations of global monetary easing, which enhanced gold’s appeal as a non-yielding asset. The only major offset came from road vehicles, down 0.7%, due to an influx of older, lower-priced models—though the depreciation of the AUD helped soften the decline.
2025-05-01
Australia Q4 Import Prices Unexpectedly Rise
Australia's import prices unexpectedly increased by 0.2% QoQ in Q4 of 2024, rebounding from a 1.4% drop in Q3 and beating market estimates of a 1.5% decline. The main contributors to the rise were gold, non-monetary (10.3%), due to the price of gold hitting an all-time high in October, boosted by escalating demand for safe-haven assets from investors amidst ongoing economic uncertainty; and road vehicles (1.2%), driven by higher prices for models being imported and the depreciation of the AUD. Meanwhile, the main offsetting contributors included petroleum, petroleum products & related products (-5.7%) due to lower prices as non-OPEC+ production rose and global demand weakened, and telecommunications equipment (-5.5%), driven by quality improvements in the new model phones, which more than offset the slight price increase for these newer models. Through the year to Q4, import prices shrank by 1.9%, following a 1.1% fall in Q3.
2025-01-30