RBA commodity price index plunges

The Reserve Bank of Australia’s (RBA) index of commodity prices dived 8.5% in June in SDR (currency-weighted) terms, which follows June’s 2.8% drop:

RBA commodity price index

Boom over?

Over the July quarter commodity prices fell 13.8% over the quarter but were 14.1% higher year-on-year in SDR terms.

There are 689 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.