() () () () () () () () () () () () () () () () () () () () () ()

Australia September commodity prices (SDR terms) +4.8% vs +6.7% y/y prior

October 2, 2018 by admin 0 Comments

Products You May Like

Latest data released by the RBA – 2 October 2018

Prior +6.7%; revised to +6.6%
Commodity price index (AUD terms) 115.7
Prior 113.6; revised to 113.5

The data point measures the change in selling prices of those commodities exported by Australia. The price index continues to rise and that is a bit of a positive for the Australian economy. This is low-tier data though so it’s not going to change much for the aussie on the day.

This article was originally published by Forexlive.com. Read the original article here.