Measures the change in the price of a basket of commodities exported by Australia over the past 12 months. It is a key indicator of the nation's terms of trade and export earnings. High commodity prices often lead to a stronger Australian Dollar due to increased demand for the currency to purchase exports.
Calculated as a weighted average of the prices of 20 major commodities. The index is based on global market prices and weighted by their share of total Australian export earnings.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Dec 6, 2021 | 26.10 | — | — |
