Australia's import prices declined by 0.5 percent quarter-on-quarter in the three months to March 2019, after a 0.5 percent gain in the prior quarter and compared market consensus of a 1.1 percent drop . It marked the first decrease in the index since the third quarter of 2017, when the reading fell 1.6 percent. Main contributors to the decline were mineral fuels, lubricants and related materials (-5.9 percent); chemicals and related products, n.e.s (-2.2 percent); food and live animals (-1.2 percent); and crude materials, inedible, except fuels (-0.9 percent). Through the year to the March quarter, the index rose 5.2 percent, slowing from a 7.8 percent gain in the previous quarter and reaching the weakest yearly reading in a year. Import Prices in Australia averaged 93.14 Index Points from 1981 until 2019, reaching an all time high of 116.30 Index Points in the second quarter of 2001 and a record low of 51.50 Index Points in the third quarter of 1981.