The Reserve Bank of Australia’s Index of Commodity Prices rose by 3.6 percent in SDR terms in February 2023 from a year earlier, the softest rise since November 2020, after a downwardly revised 11.0 percent gain in January, led by higher thermal coal prices. source: Reserve Bank of Australia
Commodity Prices YoY in Australia averaged 4.56 percent from 1983 until 2023, reaching an all time high of 58.50 percent in July of 2021 and a record low of -32.80 percent in July of 2009. This page includes a chart with historical data for Australia Commodity Prices YoY. Australia Commodity Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Commodity Prices YoY in Australia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Commodity Prices YoY is projected to trend around 2.20 percent in 2024 and 1.40 percent in 2025, according to our econometric models.