Oz Blog News Commentary

RBA commodity price index rebounds

February 2, 2023 - 14:30 -- Admin

The Reserve Bank of Australia (RBA) has released its commodity price index for January, which rebounded 3.7% in SDR (currency adjusted) terms: However, the commodity price index was still down 5.7% over the quarter and by 11.2% from its peak in June. According to the RBA: Preliminary estimates for January indicate that the index increased

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