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Australia commodity index falls in August - RBA

Posted on 04 September 2012

The Reserve Bank of Australia’s (RBA) index of commodity prices fell 3 percent in August, from July, when measured in special drawing rights (SDR) terms.
The drop followed a revised 0.9 percent increase in July. The largest contributors to the fall in August were declines in the prices of iron ore and coking coal. The prices of rural commodities and base metals also declined, while prices for oil and gold rose in the month……………………………………..Full Article: Source


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