Latest data released by the RBA - 1 April 2019
- Prior +9.1%
- Commodity price index (AUD terms) 123.0
- Prior 129.7
Slight delay in the release by the source. The data point measures the change in selling prices of those commodities exported by Australia.
Although relative to March last year, commodity prices are much higher but the overall index dipped slightly after February's reading touched the highest level since November 2011. That said, the reading here remains solid and relatively elevated and that continues to underscore a positive factor for the Australian dollar - stronger terms of trade.
