
RBA Commodity Index SDR (YoY)
economic
Updated: 1 Dec, 5:30 am UTC
Deviation
9.200000000000003%
Consensus
20.3%
Previous
22.4%
Actual*Revised
31.6%* Description
Source: Reserve Bank of Australia
The RBA Commodity Price SDR released by the Reserve Bank of Australia is considered as an early indicator of export price changes. The price changes influence GDP and exchange rates. An increase in prices may indicate strength of the AUD, while a decrease in prices may indicate weakness of the AUD. A high reading is seen as bullish for the AUD, whereas a low reading is seen as bearish.