Monthly Statistical Bulletin
6.3 Terms of trade
Quarter	2005–06	2006–07	2007–08	2008–09	2009–10
Implicit price deflator for exports of goods and services (a) (b) – index
September	86.5	96.0	94.1	125.4	101.1
December	89.1	95.8	95.3	136.7	98.9
March	91.2	96.1	99.1	121.8
June	95.2	95.9	111.0	102.9
Annual average	90.5	95.8	100.0	121.7
Implicit price deflator for imports of goods and services (a) (b) – index
September	99.8	104.2	99.0	106.0	101.4
December	100.6	101.6	98.7	118.4	96.5
March	102.2	100.0	100.9	115.0
June	104.5	99.6	101.4	104.4
Annual average	101.8	101.0	100.0	111.1
Terms of trade (a) (b) (c) – index
September	86.6	92.1	95.1	118.3	99.6
December	88.6	94.3	96.5	115.5	102.5
March	89.3	96.1	98.3	105.9
June	91.1	96.2	109.5	98.5
Annual average	88.9	94.8	100.0	109.6
(a) Quarterly figures are seasonally adjusted.
(b) Base: 2007-08 = 100.0.
(c) Index of the ratio of the implicit price deflator for exports of goods and services
to the implicit price deflator for imports of goods and services
Source: ABS, Balance of payments and international investment position, Cat. no. 5302.0
								Update
								31 May 2010