Australia Mar commodity prices (SDR terms) y/y -2.1% vs -1.0% prior

Latest data released by the RBA - 3 April 2018

  • Prior -1.0%
  • Commodity price index (AUD terms) 113.2
  • Prior 139.8

The data point measures the change in selling prices of those commodities that's exported by Australia.

A notable decline in the index, but it's not a data point that holds too much focus. We'll have to see if it's a one-off. The full report here doesn't offer much insight either.

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