Australian commodity prices rose 0.6% month-on-month in SDR terms in February after increasing 2.5% in January, a report from the Reserve Bank of Australia showed Monday. The largest contributors to the growth in February were increases in the prices of beef and veal, coal and iron ore in SDR terms. Annually, commodity prices fell 9.3% in February, smaller than the 11.6% decrease in January.
In Australian dollar terms, the commodity price index climbed 1.9% in February from the prior month, following a fall of 0.1% in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.