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Commodity News Details
Economic Buzz: Australia's commodity prices slip for second straight month
01-Dec-2025 14:57
The Reserve Bank of Australia's Index of Commodity Prices fell 1.7% year-on-year in November, extending its second straight monthly decline as weaker prices for thermal coal, alumina, and LNG outweighed gains in gold and rural commodities. On a monthly basis, the index rose 1.4%, moderating from October's revised 2.2% increase, with broad-based rises across rural, non-rural, and base metal categories. In Australian-dollar terms, the index still showed a 1.5% annual gain, supported partly by currency movements.

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