Australia data: AUD Commodity Index for February down from January

Commodity index in AUD in at 120.9

• January was 121.9, revised from 120.9


• In Australian dollar terms, the index declined by 0.9 per cent in February


• The index has increased by 41.0 per cent in Australian dollar terms y/y

In SDR terms

• Preliminary estimates for February indicate that the index increased by 1.7 per cent (on a monthly average basis) in SDR terms, after increasing by 4.2 per cent in January (revised)
  


• +56% y/y (+57.1% in January) led by higher coking coal and iron ore prices.


• An increase in the price of iron ore was partially offset by a lower coking coal price. Both the rural and base metals subindices increased in the month.

Data released by the Reserve Bank of Australia

Australia data: AUD Commodity Index for February down from January
Australia data: AUD Commodity Index for February down from January
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