AU Commodity Prices y/y
It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income;
Commodities account for over half of Australia's export earnings. Source changed series calculation formula as of Nov 2009;
- AU Commodity Prices y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jul 1, 2024 | -4.1% | -6.0% | |
Jun 3, 2024 | -4.2% | -12.1% | |
May 1, 2024 | -11.6% | -14.9% | |
Apr 2, 2024 | -15.3% | -15.3% | |
Mar 1, 2024 | -11.0% | -10.4% | |
Feb 1, 2024 | -10.4% | -11.2% | |
Jan 2, 2024 | -10.7% | -12.8% | |
Dec 1, 2023 | -10.5% | -15.9% |
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- AU Commodity Prices y/y News
- From rba.gov.au|29 hr ago
Preliminary estimates for June indicate that the index decreased by 2.2 per cent (on a monthly average basis) in SDR terms, after increasing by 1.0 per cent in May (revised). The non-rural, rural and base metals subindices all decreased in the month. In Australian dollar terms, the index decreased by 2.8 per cent in June. Over the past year, the index has decreased by 4.1 per cent in SDR terms, led by lower iron ore, thermal coal, and lithium prices. The index has decreased by 4.2 per cent in Australian dollar terms. Consistent with ...
- From youtube.com/markets|Jun 11, 2024
Australian Treasurer Jim Chalmers says his country is on track for a soft landing as a result of "moderating inflation and a resilient labor market." He also says that the relationship with China can be "complex to manage" but there are "good economic dividends" from engaging with Beijing. Chalmers speaks to Haidi Stroud-Watts on the sidelines of the Morgan Stanley Australia Summit in Sydney.
- From rba.gov.au|Jun 3, 2024
Preliminary estimates for May indicate that the index increased by 1.2 per cent (on a monthly average basis) in SDR terms, after decreasing by 1.0 per cent in April (revised). The non-rural, rural and base metals subindices all increased in the month. In Australian dollar terms, the index decreased by 0.2 per cent in May. Over the past year, the index has decreased by 4.2 per cent in SDR terms, led by lower thermal coal and coking coal prices. The index has decreased by 5.1 per cent in Australian dollar terms. Consistent with ...
- From rba.gov.au|May 1, 2024
Preliminary estimates for April indicate that the index decreased by 1.5 per cent (on a monthly average basis) in SDR terms, after decreasing by 4.7 per cent in March (revised). The non-rural subindex decreased in the month, while the rural and base metals subindices increased. In Australian dollar terms, the index decreased by 1.6 per cent in April. Over the past year, the index has decreased by 11.6 per cent in SDR terms, led by lower thermal coal, iron ore, coking coal, liquified natural gas and lithium prices. The index has ...
- From rba.gov.au|Apr 2, 2024
Preliminary estimates for March indicate that the index decreased by 4.9 per cent (on a monthly average basis) in SDR terms, after decreasing by 1.9 per cent in February (revised). The rural and non-rural subindices decreased in the month, while the base metals subindex increased. In Australian dollar terms, the index decreased by 5.1 per cent in March. Over the past year, the index has decreased by 15.3 per cent in SDR terms, led by lower thermal coal, iron ore, coking coal, liquified natural gas and lithium prices. Lithium ...
- From rba.gov.au|Mar 1, 2024
Preliminary estimates for February indicate that the index declined by 1.4 per cent (on a monthly average basis) in SDR terms, after increasing by 1.9 per cent in January (revised). The non-rural, rural, and base metals sub-indices all declined in the past month. In Australian dollar terms, the index declined by 0.1 per cent in February. Over the past year, the index has declined by 11.0 per cent in SDR terms, led by lower thermal coal and liquified natural gas prices. The index has decreased by 6.7 per cent in Australian dollar ...
- From rba.gov.au|Feb 1, 2024
Preliminary estimates for January indicate that the index increased by 2.3 per cent (on a monthly average basis) in SDR terms, after increasing by 3.2 per cent in December (revised). The non-rural, rural, and base metals sub-indices all increased in the past month. In Australian dollar terms, the index increased by 2.9 per cent in January. Over the past year, the index has decreased by 10.4 per cent in SDR terms, led by lower thermal coal and liquified natural gas prices. The index has decreased by 7.1 per cent in Australian dollar ...
- From rba.gov.au|Jan 2, 2024
Preliminary estimates for December indicate that the index increased by 2.5 per cent (on a monthly average basis) in SDR terms, after increasing by 4.1 per cent in November (revised). The non-rural sub-index increased in the past month, whilst the base metals sub-index decreased, and the rural sub-index was unchanged. In Australian dollar terms, the index increased by 0.3 per cent in December. Over the past year, the index has decreased by 10.7 per cent in SDR terms, led by lower thermal coal and liquified natural gas prices. The ...
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