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Index of Commodity Prices July 2022
Preliminary estimates for July indicate that the index decreased by 8.5 per cent (on a monthly average basis) in SDR terms, after decreasing by 2.8 per cent in June (revised). The rural, non-rural and base metals sub-indices all decreased in the month. In Australian dollar terms, the index decreased by 7.6 per cent in July. Over the past year, the index has increased by 14.1 per cent in SDR terms, led by higher LNG, coking coal and thermal coal prices. The index has increased by 14.4 per cent in Australian dollar terms. Consistent with previous releases, preliminary estimates for iron ore, coking coal, thermal coal ... (full story)