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RBA Index of Commodity Prices October 2016
Preliminary estimates for October indicate that the index increased by 9.5 per cent (on a monthly average basis) in SDR terms, after increasing by 2.1 per cent in September (revised). The largest contributor to the increase in October was the price of coking coal. Both the base metals and rural subindices increased slightly in the month. In Australian dollar terms, the index rose by 7.9 per cent in October. Over the past year, the index has increased by 16.0 per cent in SDR terms, led by higher coking coal prices. The index has increased by 7.8 per cent in Australian dollar terms. Consistent with previous releases, ... (full story)
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