Import prices in Australia remained unchanged in March 2026 despite a rise in fuel costs, according to the Australian Bureau of Statistics. The Import Price Index increased by 0.1% for the March quarter, while falling 0.3% over the previous year. Petroleum and petroleum products rose 9.8% – the largest quarterly increase since June 2022 – but the stronger Australian dollar made many other imports cheaper. Non‑ferrous metals, including silver and platinum, rose 16.5%, and gold rose 10.7%. Exports climbed 0.5% in the quarter, driven by gains in gold, coal products and crude fertilisers, although metal ores and gas prices fell. The dollar’s appreciation also pressured export prices.
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This article is a summary of content originally published by the Australian Bureau of Statistics.
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