Australian EconomyCommodities

Commodity price index continues to fall

Leith van Onselen
Friday 2 December 2022
Advertisement

The Reserve Bank of Australia (RBA) has released its commodity price index for October, which fell 5.0% in SDR (currency adjusted) terms:

The commodity price index is now down 4.4% over the quarter and by 12% since its peak in June.

According to the RBA:

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.