Latest data released by the RBA - 1 March 2019
- Prior +6.9%
- Commodity price index (AUD terms) 129.7
- Prior 124.5
Slight delay in the release by the source. The data point measures the change in selling prices of those commodities exported by Australia.
Commodity prices rise once again with the index moving up to its highest level since November 2011. If there's one thing working in favour of the Australian dollar since last year, it is the fact that the country's terms of trade is still seen holding up well despite the tough times faced by the domestic economy.
