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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Import Price Index QoQ fell to 0.1% in Q1 2026
FMPMonthlyReleased April 2026
Australia Import Price Index QoQ fell to 0.1% in Q1 2026, released April 2026, down 0.8% from December's 0.9% reading. The reading missed the 0.4% consensus by 0.3%. The print is running well below the 12-month average of 0.45%.
Latest Release
0.1
Actual
0.4
Consensus
0.9
Previous
Median Absolute Error
±0.8 percentage points
across last 6 releases
Last Call
Jan 2026
Predicted: -0.2
Actual: 0.9
Error: -1.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Import Price Index QoQ (Australia) was reported at 0.1% in April 2026. This missed the market consensus of 0.4% by 0.3%. The reading fell from the previous value of 0.9%. Trailing 12-month context per ETL data through January 2026.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -0.1%, down from the prior three at 1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD). Over the last 6 releases, the Sigmacast model's median absolute error is 0.8%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Interest Rate Decision (Jun 16) and RBA Rate Statement (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update January 2026.
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Import Price Index QoQ - AU
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About Import Price Index QoQ — Australia
DEFINITION
The Import Price Index QoQ (Quarter over Quarter) is a financial indicator that measures the change in the prices of goods and services imported into a country over a specific quarter. It is used to track the impact of international trade on a country's economy and can provide insights into inflation and exchange rate trends. This index is an important tool for businesses, policymakers, and investors to assess the competitiveness and stability of a country's import market. A higher Import Price Index QoQ indicates an increase in the cost of imported goods, while a lower index suggests a decrease in import prices.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 0.1 %, consensus 0.4 %. Prior reading (Oct 2025): 0.9 %. Before that (Jul 2025): -0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.