Australian Commodity Prices Shrink the Least in 6 Months

2025-03-03 05:40 By Czyrill Jean 1 min. read

The Reserve Bank of Australia’s Index of Commodity Prices fell 8.2% year-on-year in February 2025, slowing from a downwardly revised 10.7% fall in the previous month.

This marked the 24th consecutive month of dropping commodity prices, but at the softest pace since August, weighed down by lower iron ore and coking coal prices.

In Australian dollar terms, the index remained at 8.2% in February, unchanged from the previous month.

On a monthly basis, commodity prices increased 0.6% in February, rebounding from a downwardly revised 0.6% fall in January, with the non-rural, rural, and base metal subindices all rising.

In Australian dollar terms, the index remained unchanged in February.



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