| 03.05.2011 - RBA commodity price index rises 7.6pct |
| The Reserve Bank of Australia's (RBA) index of commodity prices in special drawing rights (SDR) terms rose 7.6 per cent in April, preliminary estimates from the central bank show. "The largest contributors to the rise in April were increases in the estimated export prices of coking coal and iron ore, reflecting the movement to higher contract prices in the June quarter," the RBA said in a note accompanying the data on Monday..............................................Full Article: Source |