Sunday, January 3, 2016

Reserve Bank of Australia Index of Commodity: 4 January 2016

Graph: RBA Index of Commodity Prices

"Preliminary estimates for December indicate that the index declined by 4.9 per cent (on a monthly average basis) in SDR terms, after declining by 3.1 per cent in November (revised). The decline was led by the prices of iron ore and oil. Over the past year, the index has fallen by 23.3 per cent in SDR terms, led by declines in the prices of bulk commodities. The index has fallen by 17.1 per cent in Australian dollar terms over the past year." (RBA) 

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