Mumbai, Jan. 30 -- Australia's import prices rose 0.2% QoQ in Q4 2024, rebounding from a 1.4% drop in Q3. Gold (10.3%) led the increase as prices hit record highs in October amid safe-haven demand, while road vehicles (1.2%) climbed due to higher import costs and a weaker AUD. Declines in petroleum (-5.7%) and telecom equipment (-5.5%) offset gains. Annual import prices fell 1.9%, following a 1.1% drop in Q3.
Published by HT Digital Content Services with permission from Capital Market....