FX.co ★ Australian Commodity Prices Fall the Least in 3 Months

In July 2025, the Reserve Bank of Australia's Index of Commodity Prices experienced a 9% year-on-year decrease, a slight improvement from a revised drop of 10.1% noted in the previous month. This represented the 29th straight month of declining commodity prices, although it was the smallest decline since April, influenced chiefly by reduced prices for iron ore, thermal coal, and coking coal. When evaluated in Australian dollar terms, the index saw a 3.9% decrease in July, slowing from a revised 4.9% fall the month before. On a month-to-month basis, commodity prices increased by 1.3% in July, recovering from a 0.8% dip in June. All sub-indices for rural, non-rural, and base metals recorded gains during the month.