FX.co ★ Australian Commodity Prices Fall at Softer Pace

In June 2025, the Reserve Bank of Australia reported an 8.7% decrease in its Index of Commodity Prices compared to the same month the previous year. This represents a slight improvement from the revised 9.4% decline registered in May. This marks the 28th consecutive month of downturns in commodity prices, with the current month experiencing the smallest drop since March. This trend has been predominantly influenced by the reduction in iron ore and coking coal prices. When evaluated in Australian dollars, the index showed a 3.5% decrease in June, steeper than the 2.9% decline seen in May. On a month-to-month comparison, there was a 0.8% decrease in commodity prices in June, overturning the previous month's 0.4% increase. Although there were upticks in the rural and base metals sectors, the non-rural sub-index recorded a decline.