The Reserve Bank of Australia’s Index of Commodity Prices advanced 12.8% year-on-year in March 2026, from an upwardly revised 4.9% gain in the previous month, marking the largest price growth since January 2023. The increase was mainly driven by higher prices of gold, lithium, coking coal, and rural commodities, which more than offset the declines in iron ore and alumina. On a monthly basis, the index rose 2.6%, following an upwardly revised 1.6% rise in February, and marking the eighth consecutive month of growth. Gains were broad-based, with both rural commodities, non-rural commodities, and base metals all recording increases. In Australian dollar terms, the index also grew by 2.1% year-on-year in March. source: Reserve Bank of Australia

Commodity Prices YoY in Australia increased to 12.80 percent in March from 4.90 percent in February of 2026. Commodity Prices YoY in Australia averaged 3.48 percent from 1983 until 2026, reaching an all time high of 61.60 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 April of 2026.

Commodity Prices YoY in Australia increased to 12.80 percent in March from 4.90 percent in February of 2026. Commodity Prices YoY in Australia is expected to be 0.00 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 1.30 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Commodity Prices YoY 12.80 4.90 percent Mar 2026
CPI 101.31 101.33 points Feb 2026
Core Consumer Prices 106.05 105.84 points Feb 2026
RBA Trimmed Mean CPI YoY 3.30 3.40 percent Feb 2026
CPI Housing Utilities 102.89 102.60 points Feb 2026
CPI Transportation 99.28 99.93 points Feb 2026
Export Prices 157.80 152.90 points Dec 2025
Export Prices 3.20 -0.90 percent Dec 2025
Food Inflation 3.10 3.10 percent Feb 2026
GDP Chain Price Index 105.00 103.50 points Dec 2025
GDP Deflator 105.40 104.40 points Dec 2025
Import Prices 135.40 134.20 points Dec 2025
Import Prices 0.90 -0.40 percent Dec 2025
Consumer Inflation Expectations 5.20 5.00 percent Mar 2026
Inflation Rate YoY 3.70 3.80 percent Feb 2026
Inflation Rate MoM 0.00 0.40 percent Feb 2026
TD-MI Inflation Gauge MoM 1.30 -0.20 percent Mar 2026
PPI 0.80 1.00 percent Dec 2025
Producer Prices 137.70 136.60 points Dec 2025
PPI YoY 3.50 3.50 percent Dec 2025
Rent Inflation 3.80 3.90 percent Feb 2026
Services Inflation 3.90 3.90 percent Feb 2026
RBA Trimmed Mean CPI QoQ 0.90 1.00 percent Dec 2025
RBA Weighted Median CPI 0.20 0.30 percent Feb 2026
RBA Weighted Median CPI YoY 3.50 3.60 percent Feb 2026


Australia Commodity Prices YoY
Commodity Prices YoY measures the yearly change in the selling price of exported commodities. Commodity exports have on average accounted for more than half of Australia's export income. Because changes in export prices explain approximately three-quarters of the fluctuations in the growth of export values since 1990, developments in export prices can have a significant impact on export earnings and economic activity in Australia. The most important commodities in the RBA Index of Commodity Prices are iron ore (27.1 percent of the total weight), metallurgical coal (16 percent), LNG (15.8 percent), thermal coal (9.5 percent), gold (7.5 percent) and alumina (4.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
12.80 4.90 61.60 -32.80 1983 - 2026 percent Monthly
NSA

News Stream
Australia Commodity Prices Rise the Most Since 2023
The Reserve Bank of Australia’s Index of Commodity Prices advanced 12.8% year-on-year in March 2026, from an upwardly revised 4.9% gain in the previous month, marking the largest price growth since January 2023. The increase was mainly driven by higher prices of gold, lithium, coking coal, and rural commodities, which more than offset the declines in iron ore and alumina. On a monthly basis, the index rose 2.6%, following an upwardly revised 1.6% rise in February, and marking the eighth consecutive month of growth. Gains were broad-based, with both rural commodities, non-rural commodities, and base metals all recording increases. In Australian dollar terms, the index also grew by 2.1% year-on-year in March.
2026-04-01
Australia Commodity Prices Rise for Second Month
The Reserve Bank of Australia’s Index of Commodity Prices rose 3.4% year-on-year in February 2026, following an upwardly revised 2.7% gain in the previous month. The increase was driven mainly by higher prices for coking coal, gold, and rural commodities, which more than offset declines in iron ore. On a monthly basis, the index rose 0.7%, easing from an upwardly revised 5% increase in January and marking the seventh consecutive month of growth. Gains were broad-based, with both rural and non-rural commodities recording increases, while base metals edged slightly lower. In Australian dollar terms, the index also rose 2.7% year-on-year in February.
2026-03-02
Australia Commodity Prices Rebound in January
The Reserve Bank of Australia’s Index of Commodity Prices rose by 2.6% year-on-year in January 2026, rebounding from a downwardly revised 3.2% fall in December. The recovery was driven mainly by higher prices for gold, lithium, and rural commodities, which more than offset declines in iron ore, oil, and coking coal prices. On a monthly basis, the index increased by 4.6%, accelerating sharply from an upwardly revised 1.7% rise in the previous month and marking a sixth consecutive month of growth. Gains were broad-based, with rural commodities, non-rural commodities, and base metals all recording increases. In Australian dollar terms, the index also rose by 2.6% year-on-year in January.
2026-02-02