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Index of Commodity Prices November 2023
Preliminary estimates for November indicate that the index increased by 2.1 per cent (on a monthly average basis) in SDR terms, after increasing by 3.2 per cent in October (revised). The non-rural and base metals sub-indices increased in the past month, whilst the rural sub-index decreased. In Australian dollar terms, the index increased by 0.9 per cent in November. Over the past year, the index has decreased by 10.5 per cent in SDR terms, led by lower thermal coal and liquified natural gas prices. The index has decreased by 7.4 per cent in Australian dollar terms. Consistent with previous releases, preliminary ... (full story)