RBA commodity price index rises 1.4% in September 2026

  • The RBA reported that its Index of Commodity Prices increased in September 2026, with all three major subindices advancing.
  • The older preliminary record shows a 1.4% monthly and 15.5% annual increase in SDR terms; a newer record reports 1.3% and 5.5%, respectively.
  • In Australian dollar terms, the index rose 1.0% during September and 6.6% over the year, while iron ore, alumina and copper ore prices declined.

The Reserve Bank of Australia’s Index of Commodity Prices increased in September 2026, with rural, non-rural and base metals subindices all advancing. The older preliminary record reports a 1.4% monthly increase and a 15.5% annual gain in SDR terms, while the newer record reports 1.3% monthly growth and a 5.5% annual increase. Both records report a 1.0% monthly rise and a 6.6% annual increase in Australian dollar terms, with gains across most commodities except iron ore, alumina and copper ore.

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