Australia’s commodity prices rose at a faster pace in July 2026, with the year-over-year indicator climbing to 15.4%, up from 14.6% in June 2026. The data, updated on 4 August 2026, show that the momentum in commodity price growth strengthened over the month.
Both the current and previous readings reflect year-over-year comparisons, measuring changes relative to the same month a year earlier. The July figure indicates that the value of Australia’s commodity basket is now 15.4% higher than in July of the prior year, compared with a 14.6% year-on-year gain recorded in June. This acceleration underscores ongoing upward pressure in key export-linked commodities, a trend closely watched by markets for its implications on trade earnings, inflation dynamics, and monetary policy expectations.
